Lending Criteria:
EMD, Gap and PML—PMP for the right deals
Timeframe: Up to 6 months preferably (12 months possible)
ROI: 15% - 20%
Loan to as-is Ratio <80%
Loan to ARV Ratio <80%
Position: First or Second
(Collateral required for low equity positions)
Promissory note
Lenders Policy
Personal Guarantee
Section 1. Property Information
Section 2. Financials
Section 3. Exit Strategy / Purpose
Section 4. Submitter Info