If you already own the land what is it currently worth?
If you already own the land, when did you initially purchase it?
If you already own the land, how much did you initially purchase it for?
If you already own the land, how much debt is on the land?
If there is debt on the land, what type of loan is the borrower currently in Ex. Bank Loan, Hard Money Loan, Private Loan, the borrower could also give us rates and terms.
If you have an exact closing date, also please list the date as well.
Ground Up Construction Cost:
What will the property be worth once it is fully built, (After Repair Value of property?)
How much money does the borrower have to contribute towards the transaction?
Loan amount requested by borrower?
Is there already approved plans and permits to built on the land?
How many investment properties has the borrower successfully built ground up in the last 24 months?
How many investment properties has the borrower successfully build ground up since 2012?
Can the borrower prove the bought and sold properties with Hud-1s or settlement statements in their company name or personal name?
Can the borrower prove the bought and sold properties with company operating agreements if they do not have Hud-1’s or settlement statements?
What rates and terms is the borrower expecting? (Rate in decimal 3.5 and term in months 24)
Is the borrower already working with another broker or lender?
What is special about your deal?