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.

Hello You mentioned a capital gains, this indicates you have had this property for a relatively short time and that the property has a value probably much more than original purchase (LAS mkt was hot for a while)Negative anything is not good especially on an interest only loan?!

I've since installed two new roofs on the two duplexes, repaired the ceilings and painted.I put th property up for sale, received and accepted an offer, however the inspection indicated staning in the attic area.

i think using your name as a .com is a great way to promote yourself in this business. it is cost effective and looks powerful on a business card; and as long as you have "Realtor®" or another indication of your occupation on the card clients will know what your site is about.most agents in my office have a registered domain under their name and then redirect the domain to their page on our site. as the webmaster, this is also a great way to monitor who is bringing users to our site as their names show up in the analytics. i suggest registering a handful of domains, market each of them differently then monitor the results, change strategies, rinse and repeat.Sincerely,Rising Realtyps.

As a general rule, listing prices are going to represent the highest end of the pricing range for a property, while the actual selling prices are going to be a closer indication of the current appraised value of that house.

For example, a lot of people think that keeping the doors and windows open before the test (to let in "fresh air") will help get a cleaner test; but there is A LOT more mold in outside air than in inside air, so keeping the doors and windows open will actually produce results that indicate MUCH more mold than may actually be present.

They indicate a 10 year hold approach which is good.

The business is good in Houston and from what I hear from my colleagues in other cities in Texas the business is booming there too.I was reading an extensive research by Bank of America on Friday that indicates the investors are rushing to Texas for investment.

I would also question what inventories are like, and if they indicate that while some houses are selling for greater amounts, others aren't selling at all.The caution that I would raise here is that house prices need to be in line with salaries.

http://www.1031commercialproperties.com This guy has Po's available occasionally and indicates they will go fast.