Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Personal Finance
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 9 years ago on . Most recent reply

User Stats

10
Posts
3
Votes
Tony Davenport
  • Boise, ID
3
Votes |
10
Posts

Looking for help!

Tony Davenport
  • Boise, ID
Posted
Hey everyone! I am a very new member and am just getting started. I have a possible family friend that has the money to be a private lender for my business. I'm making a business presentation to them and wanted a little advice on what all should be covered. I want to make sure I have everything covered and don't want to mess this opportunity up! Please help!

Most Popular Reply

User Stats

44
Posts
22
Votes
Gina Worsham
  • Wholesaler
  • North Little Rock, AR
22
Votes |
44
Posts
Gina Worsham
  • Wholesaler
  • North Little Rock, AR
Replied

Hi Tony,

Make your presentation as professional as possible.  Make sure to include solid numbers (After Repair Value, Purchase Price, accurate Comps, all closing costs, etc.) and all exit strategies.  Assure your lender that he/she will be named as mortgage holder on the insurance, etc.

Let me know if I can help you in any way.

Gina Worsham

Loading replies...