Qualify a Rehab Project
This spreadsheet will help you qualify know whether we can fund a project. We recommend using this to test out a project before contacting us. In fact, you can use it to backward engineer whether a hypothetical project is fund-able.
You will be asked for 4 numbers:
1) The purchase price
2) The After-Repair-Value
3) The rehab budget amount
4) The number of months from purchase to re-sale
Once you input those values, you will see that the spreadsheet will tell you if there is a down-payment. If so, and the deal is worth it to you, it may be worth proceeding. But if you can reduce the purchase price, or the ARV is actually higher, then the down-payment will disappear.
If you have a project that you want us to consider, download the completed spreadsheet to your computer and then email it to us. Look in the bottom right corner to see the download symbol.
We look forward to funding one of your projects,