Hello to the members of the forum, I am about to close on MultiFamily, all the documents have been sent to the bank, taking ...
Original publication date on the United States Real Estate Forum on Facebook:
2019-01-03T04:13:04+0000
Hello Members,
I am about to close on multi-family, all documents were sent to the bank, taking financing of 75%.
Today the banker called me and asked me to send them a bio on myself, someone ever having such a thing?
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In Florida. 8 units
Which country do you buy?
This is acceptable… also in portfolio loans…
What kind of loan is taking
They are looking for your bio with your past in real estate.
In addition if you have not already done Multi and I mean such 10 + units it is highly recommended to do it with someone who has done it. It's a whole different world.
Successfully
In Bio himself, I just told myself about myself and why I think I could manage the property.
In short sell yourself this is what they want.
Hi. Yes, absolutely, the bank asks to see your real estate resume to see that you have real estate management experience, and also your portfolio including mortgages, cash flows, expenses, etc. for each property and a list of dozens of additional documents about you and the property. Welcome to take a look at the lecture I gave on multi family. I go into detail about it there. Successfully !