- Fair Market Value
The highest possible selling price based on comparable sells.
- After Repair Value
The market value a property can achieve once all repairs are completed.
- Purchase Discount
Means the discounted price you will offer for the property before expenses. This field can be modified to 65%-85% if deemed necessary by investor depending on the deal.
- Private Money Borrowed
This money could come from another investor, partner, etc.
- Household Income Per Month
This information will be required from potential tenants to determine if the rental property or leased option property is a good fit for them.
- Projected Holding
Period Is the period you expect to pay for all property expenses before rented or sold.
- Kick Back
Is any shared profit with any private investor other than the investors involved in structuring or accomplishing the completion of the deal.
- Option Money
Is the amount a potential buyer is willing to put down to have the exclusive right to buy the property on a specified and previously agreed date.
- Rent Credit
Is a previously agreed monthly rental allowance based on agreement fulfillment. It is used as an incentive for potential buyer to buy property on specified date.
Is a reserved amount saved up for unforeseeable expenses such as, construction cost or holding cost.
Hard Money Lender
Return On Investment
Debt Service Ratio
Max allowable offer