I am drafting a FINANCIAL REPORT, one that I am giving to a private lender, what details should I in

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Any advice is helpful. I am borrowing on a piece of property that I own. I am having a 2nd Trust Deed put onto 40 acres that I own from the same person who gave me the first. It is a small private loan, and before escrow he wants me to provide to him a financial statement. Im 24 so you can see im kind of new to the game.......Ive been involved in R.E. for about 2 years now, and even through all these hard times everyone is going through I am still doing pretty well for the business that I am in. Any help would do.

I will google it for a little bit...but I am just assuming listings of all the properties that I own...

Also as far as my earnings, I am self employed, so do I need to list how I made my money as far as investments??? I will add in what I get each month for my rentals....... and........yea..any help would do, I need to have this by the close of the day :P

Thanks you guys

I am drafting a FINANCIAL REPORT, one that I am giving to a private lender, what details should I include?

Anything but the truth.

I am drafting a FINANCIAL REPORT, one that I am giving to a private lender, what details should I include?

you need a realestate accountant to go this for you........

I am drafting a FINANCIAL REPORT, one that I am giving to a private lender, what details should I include?

This is very easy. A financial statement shows your net worth...your liquid and non liquid assets. You do need to show how much you made off investments and all income and all expoenses. an accounting of your finances. Everyone does them some different. Google financial statements and download a template from microsoft office.


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