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18 April 2011 | 23 replies
You have to dangle a carrott to be different from the other properties they handleWe have a saying around our office: "your compensation plan is your job description."
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29 April 2006 | 8 replies
They can send you a list of thier properties that are listed and some of them will send you properties that aren't listed yet, but will be soon.If you area has public access to all listings in your area, you can start by searching in a certain area and looking for key words in the listing descriptions, such as "Lender Owned", "As-Is", "Bank Owned", etc.
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23 April 2016 | 13 replies
To be honest, I want to see a few pics of the place with a good honest description of the repairs needed.
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16 January 2008 | 27 replies
I've seen a few sites that give brief descriptions but if someone knows a site with a few pages on the ins and outs, feel free to message or post if it's allowed.
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6 September 2020 | 10 replies
Construction Items required in a Preliminary Package1.Project description (which includes number of units, proposed pricing of units, total costs, per plan costs, profits, proposed equity and proposed loan amount, any subordinated debt)2.Project cash flow3.Location map4.Cost breakdown 5.Market study - if available (an internal or third party study)6.Sequence list (including lot number, plan number, base price, proposed premiums) 7.Biography or resume of key management8.Authorization/Release for Business and Principal9.Borrower’s Certificate of Past Credit Relationships (attached)10.Banking references and two sub-contractor or supplier references (attached)11.List of all current projects (location, price range, size range, sales rate, JV partner, lender) (attached)12.Financial Statements for borrowing entity and guarantor(s) (attached)a)Current financial statements, indicate book value or market value basisb)Statements must accurately report all assets and all liabilities (include contingencies)c)Statements must be signed and datedd)Signed tax returns for past two years (please include all K1’s)13.Financial Statement Certification (attached)14.Tax Return Certification (attached)15.
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7 June 2006 | 4 replies
One other idea... after rereading your pitch I would suggest that you find a way toshorten your description.
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10 August 2006 | 5 replies
That description has you $258 in debt at closing, something is wrong with either what you wrote, or what I read!
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11 September 2006 | 5 replies
I direct traffic from my Craig's list ads to a website that i host myself -- there I post multiple photos of the outside of the property, a detailed description of the property and neighborhood (including shops, restaurants, etc. within walking distance), photos of the interior and a floorplan.
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19 November 2015 | 66 replies
Institutional lending is far too restrictive and time consuming, thus my need for an investment partner(s).Here is a description of my immediate need:Area: Aurora, IllinoisSales price: $125,000After repair value: $160-175,000 (CMA's from local agents)Repairs 90-95% completed by sellerClose: Tuesday, August 15 (one week from today)I have been working with an institutional lender on this but am running into "chain of title issues" because it was bought as a foreclosure by the current seller recently.
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21 February 2007 | 17 replies
lolSeriously though, it's massive in geographic terms and it has the population to match.