What You Get
Lifetime access to the tool and all videos
The downloadable PML Due Diligence & Underwriting Workbook
A video walking you through each tab in the Tool so you know how to use it
Access to all future tool updates
Increased Lender Confidence and Peace of Mind!!!
What the Tool Includes:
What information is needed to fully vet the deal, the borrower, and the title company
Easily navigate a step-by-step process guiding you through the entire due diligence process
Deal summary sheet to support confident lending decisions
Current comping guidelines and space to comp the AS IS Value and the After Repair Value of a property
A Risk Calculator the automatically rates the risk for each specific deal
What is needed to vet the Borrower, verify HUDS, verify Borrower identify, verify Borrower entity, and questions to interview the Borrower
How to inspect the property to avoid scams
All state usury laws, foreclosure timelines, Judicial vs non-judicial states, Title Company vs Closing Attorney States
3 Underwriting calculators to determine the amount safe to lend in 1st position, 2nd position, and how to structure a deal when you want to Borrower to have skin in the game
Required Security Instruments, paperwork, and considerations to keep the Lender safe!
Things to include in the Promissory Note to get early detection of potential default, and gives a lender more control
Title company verification + lien validation process
Wire verification checklist to AVOID SCAMS
Comprehensive list of questions to ensure you're working with a reputable, experienced contractor
Framework to quickly estimate repairs needed and validate if Statement of Work costs are reasonable
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