Property and purchase information
Prepare the address, property type, purchase agreement if available, purchase price or current debt, and intended use. This site focuses on business-purpose, non-owner-occupied residential investments.
A renovation plan with numbers
Outline the scope of work, line-item budget, contractor information, and realistic completion schedule. Separate essential repairs from improvements, and leave room for unexpected work.
After-repair value and exit strategy
Support your ARV with relevant comparable sales and realistic assumptions. Explain whether you plan to sell or refinance. Consider how a longer marketing period or lower sale price could affect your result.
Experience, credit, and liquidity
A lender may consider previous projects, credit, available cash, and your business entity. Cash needs can include an equity contribution, fees, reserves, and the gap between paying a contractor and receiving a rehab draw.
For an example of a lender’s own program information, see Kiavi’s broker program. Confirm current criteria and terms directly with the lender.