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Updated about 8 years ago on . Most recent reply

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6
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Mariano Gomes Kaffine'
  • Philadelphia, PA
2
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6
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Analysis of a flip to a lender

Mariano Gomes Kaffine'
  • Philadelphia, PA
Posted

Hello BP community members,

I am new to Real Estate investment and BP has been an enormous source of information and education.

 I am ready to make a move and working on my first flip deal package. I will be using flip calculator to help me analyze the deal. other than that, I have no clue how to put the package together for a hard money lender. 

Can anyone share any sample of their presentation or any help would be appreciated. 

Thank you very much in advance, I really appreciate you time and help.

Most Popular Reply

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534
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216
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Mike Flora
  • Investor
  • Menifee, CA
216
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534
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Mike Flora
  • Investor
  • Menifee, CA
Replied

Mariano Gomes Kaffine' main things with my guy when I first started with him were ARV, my purchase price, pictures of the property and recent comps in the neighborhood. That's a start. Your rehab costs and he/she might want to see credit score or your sources of income as well to insure your good on the monthly payments. Once you get a few deals done with a certain HML it gets easier.

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