1. A small executive summary which tells the story of what a client wants to accomplish with this transaction. Is it a purchase or refy or is it a buy and hold If so what is the exit strategy Does this project make sense Does it provide enough income to justify the cost sales price 2. The documentation required is all real estate purchase agreements contracts and all amendments proof of earnest money proof of 20% down payment (if any) credit report within the last 30 days five year proforma projection and current year to date proforma (if any) and last couple of years of proformas if it has been producing income and income statements bank statements business tax returns (3 year) proof of ownership (existing project) old title reports (if any) and any old appraisals (if any).These services are not offered by a licensed lender .They are being advertised by a consultant in a licensed lending network . All state federal and local laws still apply. All clients must sign a disclaimer acknowledging what service the consultant is offering and legally liable .
Category: Financial Services
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