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Updated almost 7 years ago on .

User Stats

316
Posts
130
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Calvin Lipscomb
  • Brooklyn, NY
130
Votes |
316
Posts

Lending Prep/Track Record Help

Calvin Lipscomb
  • Brooklyn, NY
Posted

@Courtney Frickle has a post that I would like some answers about as well.  Any guidance from lenders and experience investors in this area would be helpful.  Here it is:

Courtney Fricke

Hi Y'all!

I'm creating a spread sheet today of all my past deals for future reference when dealing with bank and private lenders. A track record of sorts. Have this info so far.

-property location
-style (sfr, land, mfr, etc)
-purchase date
-purchase price
-debt service used
-%rate of debt service
-rehab costs if applies
-exit strategy
-disposition date
-disposition price
-gross profit
-ROI % or annualized % of return

Not sure how complex it should be. Goal is to use it with bank loans and private lenders. Any tips on what else should be added? Wanted to create a professional overview of my track record in REI without giving them a book on each deal.

Thanks!