Documents needed for Real Estate Development deals...
Pitch deck if available
one page executive summary of the project
resume of developer
Build to rent or build to sell
Contracts on build to sell?
REAL ESTATE:SREO
Pictures of the Asset
Tax Assessment
Recent Tax Appraisa
lProperty Address:
Property Type: SFR
Loan Type:
Property's Current Value:
Original Purchase Price and Date:
As complete value:
Current Mortgage (if applicable):
Requested Loan Amount
:LTC (Loan to Total Costs):
Credit Score:
Time Needed to Complete Project:
Where in the Construction Process Are You (Permitted? Entitled? raw dirt?):
Use of funds:
Exit Strategy:
How many similar projects have you completed in the last 3 years on title?:
Borrower's Stated Liquidity/ Reserves:
Development:
https://docs.google.com/document/d/1...f=true&sd=true
Schedule of Real Estate:
https://docs.google.com/spreadsheets...f=true&sd=true
Steve Benjamin
Professional Business Loans
522 Contessa
Irvine, CA 92620
https://probizloans.net/ Broker, Underwriter, general business loan expert
949.228.1050
