How To Submit A Deal
Using our Quick Deal Form form is a great way to get started quickly, particularly if you want to float some numbers in front of us to understand how we think and to see if it’s a deal we would be interested in.
But when we’re sent an email with a clearly written plan, ratified contract, budget, and comps, we’re able to review the deal faster and call you sooner. Below is what we look for when reviewing a deal and what you can skip.
What We Need
Send us an email with the following:
1) Write a few sentences describing your deal. (click here for an example of a good write-up). Be sure to include:
Purchase price
Rehab estimate
ARV (after repair value)
Description of scope of work and property details such as square-footage, number of beds, baths, etc.
2) Ratified purchase contract. If already owned, a HUD/ALTA/Deed will suffice
3) Itemized construction/rehab budget
4) Detailed comps/CMAs. We do not require appraisals but like to see detailed CMAs. Be sure to include:
map view of comps
side-by-side comparison
property photos and descriptions (extremely helpful)
BONUS: A link to pictures or videos of the subject property.
What We Do Not Need
No W-2s
No tax returns
No appraisals
No credit check
No red tape
We look at the deal the way an investor would - based on the numbers, the plan, and the exit. That means less paperwork, faster answers, and more time for you to focus on the project.