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Updated over 9 years ago on . Most recent reply

User Stats

1,257
Posts
345
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Rich Hupper
  • Broker / Investor
  • Tewksbury, MA
345
Votes |
1,257
Posts

What do Hard Money Lenders need to see

Rich Hupper
  • Broker / Investor
  • Tewksbury, MA
Posted

Hello

I am trying to get approved for a hard money loan. I want to create a great presentation for the subject property. I know they want to see the pro forma for the property, but what else? This will be my first deal and I want my property report to look as attractive as possible however I don't know what other investors submit to their HMLs for review.

Also if someone could link me to good pro forma report so I can create my own. 

Also in terms of rehab. Do I need to break everything down by room? How many pieces of sheet rock, how many feet of wire, how many gallons of paint, etc. 

Thank you

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