He told me (which I already knew to do instinctively and thanks to reading here at BiggerPockets, but good to be reinforced) to put together a lending package that included: 1) a cover letter explaining the credit history; 2) an "About Me" profile on myself, explaining how my career experience and other factors will translate to success as a a local income property investor and property manager; 3) an "About My Team" profile demonstrating that I have the network and support to succeed.I am fortunate to have a kick*ss team and, frankly, a similarly strong toolkit of personal attributes that don't necessarily ensure success but make it a helluva lot more likely.

I'm buying a foreclosure for $84K, ARV should be $125-$130K based on comps, maybe a little higher based on quality and condition. 3/2.5/2 1720 Sq Ft, 1988 construction.The loan package consists of a 6 month IO construction/rehab loan where they will loan me 75% of estimated ARV now, then refi into a 30 yr fixed when work is complete.The ARV is determined by the appraiser based on comps and based on a list of improvements that I intend to make.

Can it be packaged as a salable Plug and play system - NOThe reason it can't be packaged is becuase every house is different, every market is different, every person who would use the system is different.

Briefly, the bank specific package will have financial statements to be filled out, 2 years tax returns, recent pay stubs and bank statements, reasons for the hardship, etc. to be submitted from the seller.Any other liens other than the mtg., back taxes, HOA, judgements, etc?

Jake Kilfian Was this package ever purchased?

I bought the Michael Blank training package and used it to make some offers and finally got a great deal on 16 units about 45 min out of town.

Keela,Remember you are trying to present a complete and attractive package for your cash buyers to consider.The more info presented the better snapshot.The cash buyer will do their own inspection prior to buying.Paul

The buyer was thrilled to get a home of their own without having to go through a bank for financing.My BEST mobile home deal was a package deal of 64 mobile homes.

She's willing to carry the whole package deal with nothing down.

And also what are the elements constitute your Total Holding Cost (G15)?