Goals, Business Plans & Entities
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated 10 months ago, 02/17/2024
I see the house but not the plan why is that?
Hello everyone first time poster, still navigating the site. I hear people talk about having a business plan that they take to the banks or lenders to show what they plan to do with a property.i was wondering who is that person that writes up the business plan is it yourself, a developer, architect, a numbers guy or is it all of their information put in a booklet to give to the bankers for the loan. People always talk about the numbers and ARV but I haven't heard how it's actually put together to present it to a bank. If I'm questioning this wrong forgive my rookie mindset and thanks so much in advance.