Lender/Partner Questionnaire
Customer Details:
Full Name
*
First Name
Last Name
Phone Number
*
E-mail
example@example.com
Liquid funds available to lend
*
Where are the funds you want to lend located? (Personal/Business Savings, Retirement Account, Whole Life Policy, etc):
What is the timeframe you are comfortable lending your funds out for? (1 month, 6 months, 1 year, 3 years, etc)
Do you know anyone else we can build a relationship with that would be interested in putting their Capital to work?
Yes
No
Maybe
What return on capital are you looking for when putting your capital to work?
Where are you comfortable lending? Locations you want to focus on?
Are there any states or counties you want to avoid?
As a lender or partner, what securities do you require?
For are PML's we as our borrowers for a Deed of Trust/Mortgage, promissory note, joint venture agreement, personal guarantee, lenders policy, title insurance. Each project has different requirements that may require additional or different security messures.
Do you as the lender have anything you request from the borrower not listed in the question above?
Can you provide proof of funds? We will request this when committing to a deal. We do note want to have a lender commit to a deal with funds that have not cleared from a current deal.
yes
no
Are you comfortable taking a second position or partnering with the borrower pending there is a first position in place?
yes
no
maybe, depending on deal and location?
What is your experience with private money lending and or private money partnerships? How many deals hav you done?
If you have completed private money deals, have they been successful? Please share what you have learned if you have had any issues.
What is the biggest mistake you have made lending, and what steps are you taking to avoid that, or those mistake(s) again?
What is your biggest concern working with my team to connect and coordinate deals with borrowers?
If you put your funds to work, and the deal takes a turn for the worst. Are you in a position to do the work to take back the property? This is always a possibility, and could result in putting additional funds in a deal for legal fees and rehab, pending a borrower does not perform.
yes
no
Please note any additional concerns you have, or anyting else you feel is important.
Submit
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