10/14/2026
Getting a private real estate loan starts with having the right information ready. Before submitting a deal, have these 5 things prepared:
1. Property Details 📍
Address, property type, and current condition.
2. Purchase Price 💰
The amount needed to acquire the property.
3. Renovation Budget 🔨
Estimated costs for repairs, improvements, and other project expenses.
4. Projected Property Value 📊
An estimate of the property's value after improvements, when applicable.
5. Exit Strategy 🏁
A clear plan for repaying the loan, such as selling or refinancing.
Having these details organized helps provide a clearer picture of the investment and allows the deal to be evaluated more effectively.