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Updated almost 12 years ago,
REO: Should I show investment analysis to the bank?
I'm considering purchase of an REO triplex and am wondering if it's prudent to share the investment analysis from my agent to the bank I'm hoping to secure financing from (not the bank that owns the property)? Her analysis is more conservative than mine, but relatively similar.
Just wondering if sharing this information is standard, or optional. This is my first investment financing package (not owner-occupied) so I'm not sure what details they need on the property beyond our personal financials for financing.