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Updated over 9 years ago on . Most recent reply

User Stats

376
Posts
114
Votes
Matthew B.
  • Investor
  • Howey in the Hills, FL
114
Votes |
376
Posts

What information would a local bank like to see?

Matthew B.
  • Investor
  • Howey in the Hills, FL
Posted

We own 7 units of residential rental properties outright, and we need to free up some equity for our flipping business. I'm putting together a financing presentation in a binder to hand out to local banks. What does a local bank want to see as far as ratios, financial statements, background, etc.?

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