Super Pist at Banker

[Account Closed]

I am just starting my development company- A & A Builders LLC- that goes hand in hand with my real estate & property management company- Donna Farrow & Company. The idea is that I take the investors I manage for, and build them turn-key rental properties to buy. If they want a duplex- we build a duplex. If they want a 4-plex- we biild a 4-plex etc. I go through all of the bidding process, I hired contractors, got quotes, got my building permits done, put a deposit on the land, did everything. I am currently at the final point- financing. I walk into the local bank with my information, buyers contract, budget, my tax returns, everything. And the jerk at the bank ask me for my business plan? Wait what? You want a 15 page turn paper business plan? I have done everything already- I have buyer contracts, I have money in escrow from buyer, and you want me to write a business plan for my LLC because its new? I walked out. Obviously this isnt the right guy for me. The Chief Lending Official called me back, when he heard about what happened, he knew my companies, and saw me the same day. The things new developers have to deal with is unreal sometimes but hey- keep it pushing!