There are basic things about you and your deal our investors will want to know. This should also give you a good idea of what sort of documentation you will need.

1. What is the loan PURPOSE?
2. Who is the borrower (sponsor) and what is their experience with this kind of project?
3. What is the subject property TYPE?
4. What is the subject property ADDRESS?
5. What is the subject property’s VALUE? Is a recent appraisal available?
6. If a Refinance, what LIENS are currently on the property?
7. If a Purchase, how much is the borrower putting down?
8. How is the loan going to be debt serviced? Is the property currently rented? Is there enough Net Operating Income from the property itself to debt service? If the property is not rented, what is the plan?
9. What is your exit strategy from their loan? For example, are you looking for some breathing room until you get more permanent financing in place or will you be selling the property?