Initial Property Information & Funding Request Form

Initial Property Information & Funding Request Form
Youtube
Disclosure - Please Read!

1. EMD Fees: All fees will be 50% of borrowed amount OR $2,000 (whichever is greater) for a period of 30 days. For EMD, there is a NON REFUNDABLE 5% upfront deposit ($250 minimum).

2. Transaction Coordinator (TC): Paid by Borrower, $1,000. TC selection will be by the PML.

3. Minimum Connector Fee is $2000 collected on CLOSE (Dependant on complexity of deal)

4. Late Fees: Estimated $100/day - $200/day (negotiable) following agreed upon funding period from closing date.

5. PML funding may be distributed from escrow on a draw schedule to provide additional protection for the PML. Draw schedule to be coordinated between Borrower and PML.
Your Name

First NameLast Name
Your Email
example@example.com
Your Phone Number
Please enter a valid phone number.Format: (000) 000-0000.
Your Company Name

Add at least 1 of your social media links below!

Rows	Link
Instagram
Facebook
YouTube
LinkedIn
Other

Who did you speak with on our team?
Is this your deal? Are you the borrower?
If you are not the borrower, please add the borrowers information below
Borrower Name

First NameLast Name
Borrower Email
example@example.com
Borrower Phone Number
Please enter a valid phone number.Format: (000) 000-0000.
What is the property address for the deal?

Street Address

Street Address Line 2

CityState / Province

Postal / Zip Code
What type of property is it?

Other
Number of Bedrooms
Number of Baths
The square footage of the lot isFeet* . The interior square footage is Feet*.
Amenities
Comparable Properties
Comp 1 Address

Street Address

Street Address Line 2

CityState / Province

Postal / Zip Code
Comp 2 Address

Street Address

Street Address Line 2

CityState / Province

Postal / Zip Code
Comp 1 Date Sold

MonthDayYear
2 digit month, 2 digit day, 4 digit yearDate
Comp 2 Date Sold

MonthDayYear
2 digit month, 2 digit day, 4 digit yearDate
Comp 1 Sold Amount
Comp 2 Sold Amount
Comp 1 Link
Comp 2 Link
How much do you need to borrow?
How much are you offering as a return to borrow the funds?
Do you have reserve funds available if project does not go according to plan? If so, how much?
Can you provide proof of reserve funds if asked to do so?
How long do you need the funds for?
Are you a connector? If so, do you have a Connector Fee? Add the fee below.
If you need PML, what lien position will the PML be in?
If not 1st position, what are the terms for any position ahead of us? Attach the Term Sheet in "OTHER DOCUMENTS" below.
What will the funds be used for?
Contract / Title / Escrow Information
Do you have the property under contract?
Did you open Escrow? If so, with who?
Enter the Title Company Name
Name of Escrow Officer/Closing Attorney

First NameLast Name
Escrow Officer/Closing Attorney Email
example@example.com
Escrow Officer/Closing Attorney Phone Number
Please enter a valid phone number.Format: (000) 000-0000.
Escrow File Number
What is the purchase price?
How many deals have you done?
Attach the Purchase Contract

Cancelof
Attach any other documents related to property (Term Sheet for other Liens, Scope of Work, Pitch Deck, etc)

addendums, title paperwork, property analysis, contractor bids, etc ...
Cancelof
Attach any HUD's of previous deals done in the last 24 months.

Cancelof
When does the Due Diligence/Inspection Period expire?

MonthDayYear
2 digit month, 2 digit day, 4 digit yearDate
What is the proposed close date?

MonthDayYear
2 digit month, 2 digit day, 4 digit yearDate
What are your exit strategies? How do you plan to make money?
Provide at least 2 Exit Strategies!
Should be Empty:

Initial Property Information & Funding Request Form

If you are not the borrower, please add the borrowers information below

Comparable Properties

Contract / Title / Escrow Information