Applying for Investment Financing? Come Prepared.

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Applying for Investment Financing? Come Prepared.

Siahna ImBusiness Member
Lender · Lakewood, WA · Member since 2021 · 57 posts · 25 votes

Have your basic deal information ready:

Purchase price

Property details

Rehab budget

Scope of work

ARV/exit value

Timeline

Exit strategy

Investment experience

The clearer the picture, the easier it is to evaluate the opportunity.

What's one thing borrowers often forget to prepare?

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  • Divin KanyamaBusiness Member
    Accountant · Seattle, WA · Member since 2025 · 188 posts · 59 votes
    1d

    Great checklist, @Siahna Im . One thing borrowers often overlook is making sure the entire financing package tells one consistent story. The sources and uses should align with the rehab budget, contractor bids, timeline, ARV, borrower equity, reserves, and loan request. When those numbers conflict, even a promising deal can become difficult to evaluate.

    Borrowers should also have current tax returns, year-to-date financials, liquidity statements, a real estate and debt schedule, entity documents, and a brief track record ready. Just as important, any inconsistencies should be explained upfront. That preparation does more than speed up underwriting—it demonstrates that the borrower understands the project, has planned for setbacks, and has the financial capacity to finish rather than simply close.

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    • Siahna ImBusiness Member
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      Lender · Lakewood, WA · Member since 2021 · 57 posts · 25 votes
      1d

      Definitely agree. The “consistent story” is easy to overlook. Even when the numbers look good individually, inconsistencies between the budget, timeline, equity, and exit can raise questions.

      I’d also say having a backup plan for unexpected costs or delays is something borrowers often forget.

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