I ran my own custom proforma for a bank loan using the asking price that would generate a cap rate over 10% and CoC just under 20%.

They’re requesting what feels like an unreasonable amount of information, and the demands keep escalating.So far, they’ve asked for:A video tour of my home officeCredit checks on me and my partnerCopies of the deeds for every property we ownA copy of my partner’s home lease and utility billsBusiness phone billsA signed letter from the bank verifying our accountsBank statementsHonestly, it feels more like qualifying for a loan than trying to become a customer.

Yes we avoid custom work to help keep cost down. 

They want someone who is going to treat their employees and their customers well.

They sound very knowledgeable and I am interested in jumping into the customized course they offer. 

We only disagree on what is basically a customer service issue.

The Automations are very good and you can customize mass follow-ups 2.

Financial Highlights•Acquisition Price: $72,000•Renovation Costs: $35,600•Total Investment: $107,600•Funds: raised from personal savings and private lender How did you add value to the deal?

Obviously they are customized to what works for us but some our templates maybe helpful for you to modify for you. 

I know out here on the West coast with our digitalized title plants that each title company has it would be a matter of a few clicks for customer service department to transmit a copy of the mortgage to me..