Private Lending Opportunity Analysis & Forecasting
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Private Lending Opportunity Analysis & Forecasting
Probability of Stage Definition Of Stage Close Prospecting . Response from Craigslist/Marketing Stage 1 3% . Requesting more info on terms . Agreement for potential deals/fit In Acquisition . Made offer on property (pending acceptance) Prescreened initial Stage 2 5% lending criteria . Agreement on terms
In Contract . Submitted Accepted Purchase Agreement Stage 3 20% . Submitted ARV, As-Is Repairs, 1003 . Agreement on terms Escrow Opened
Inspections . All numbers fit lending criteria . Prelim Title Report Clean Stage 4 25% . Deal structure fits and works . Agreement on terms and close date . Waiting upon final inspections/walk-thru Appraisal Stage 5 40% . Pending Appraisal
Internal Review/Committee Signoff Stage 6 50% . Numbers Checkout Internally Reviewed/Committee Signs off
Sourcing Funds Stage 7 . Fund or ITD 70% . Loading Website w/ Details
Drawing Docs Stage 8 . Signing Paperwork 75% . Escrow/Title signoff for closing
Borrower Signs Stage 9 85% . Borrower sends money into escrow
OPM Money into Escrow Stage 10 . All OPM money into escrow 95% . Ready to close
Closed/Funded . Monies funded by escrow Stage 11 100% . Deed of Trust/Mortgages recorded . Deal closed
Reconveyed/Finalized Stage 12 . Loan Paid off 100% . Final Numbers Calculated www.WealthClasses.com 888.888.3612 016434e75b9e1fd605ef2b2c90798786.doc Probability of Stage Definition Of Stage Close Project . Construction Project Taken Over 100% Takeover . Ownership still with Borrower
. Construction Project Take Over Deed in Lieu 100% . Borrower signed Deed in Lieu
Foreclosure . NOD Filed 100%
Foreclosed . Property Foreclosed 100%
Dead . Deal no longer a potential 0%
. Deal is On-Hold with no pending close date On Hold . Deal may have future potential 0% . Continue to follow up with Borrower
www.WealthClasses.com 888.888.3612 016434e75b9e1fd605ef2b2c90798786.doc