5 Documents That Speed Up Your Financing Process
Heading into the weekend, figured I'd share something that helps a lot of newer investors avoid delays once they're ready to apply.
Having these ready before you submit your file makes a real difference in how fast things move:
~Purchase contract or executed LOI
~Entity documents if you're closing in an LLC
~Insurance contact info so a binder can be requested quickly
~Scope of work if the property needs rehab
~A clear exit strategy, whether that's sell, refinance, or hold
None of this is complicated, but having it organized upfront instead of scrambling mid file saves everyone time, especially you.
What else do you all usually get asked for that catches people off guard?
Happy to walk through what your specific file would need. Feel free to send your scenario.
- Joyce Ann Magallanes
- [email protected]
- (646) 914-9393