Multi-Family Rehab (Quote)

1. Borrowers Name *

First

Last

2. Borrowers Phone

3. Borrowers email address *

4. Is borrower a US Citizen?

YES
NO

5. Company name the borrower is closing in (must close in a corporate entity):

6. Who makes up the entity and what are their percentages of ownership?

7. Address of Subject Property

Address Line 1

Address Line 2

City

State

Zip Code

8. How many acres of land is the property on?

9. What is the current square footage of the property?

10. How many units total?

11. What is the occupancy percentage of the property?

12. Purchase Price

13. Is the borrower already in a purchase and sales contract?

YES
NO

14. If in purchase and sales contract, has any earnest money been put down? If so how much?

15. Current Fair Market Value of property

16. When does the borrower need to close?

17. What is Total Rehab Cost?

18. What is the ARV (After Repair Value) of property?

19. What is your Exit Strategy on Loan (Refinance or Sell)

20. How long will the property take to rehab?

21. How much Cash on hand does the Borrower have?

22. How many similar properties has the Borrower BOUGHT OR SOLD in the past 3 years? (Primary does not count)

23. How many similar properties does the borrower currently own?

24. If the borrower already owns the subject property….when did they buy it? And how much did they buy it for?

25. If the borrower already owns the property, have they put any of their own funds into rehabbing it? If so how much?

26. If the borrower already owns the property how much existing debt is on it?

27. What are the Annual Taxes on the Property?

28. What is the Annual Insurance on the Property?

29. How much will the Monthly Rental income be per Unit?

30. Borrowers fico scores?

31. Please list borrowers home address

Address Line 1

Address Line 2

City

State

Zip Code

32. Does the borrower rent or own? Please list monthly payment.

33. Does the borrower have any IRS issues, Tax liens, judgments, past bankruptcies, past chapter filings, past foreclosures, recent or pending lawsuits against them? If so please explain and list date:

34. Has the borrower ever had any mortgage deliquent payments? If so when were they?

35. Is the borrower already working with another broker or lender?

YES
NO