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Updated over 9 years ago,
What are the actual documents you MUST have when going to speak with a bank/lender?
Hey guys!
If you have listened to bigger pockets 135 or heard Brandon/Josh talk about it you know what I mean when I ask what are those documents you MUST have when going to a bank/lender?
I would like to use my duplex as proof that I can use to expand my real estate business. My thought is that by getting someone to loan me funds to expand my real estate business I will need documents that can display my knowledge/competence. I am just wondering what would be some of the key documents to show a lender/bank? I assume:
- Profit and Loss
- Before and After Picture
- Maybe a personal balance sheet?
What else should I have in order before going to speak with someone?
Thank you!