BLFS-WCG Res. Submission Package -page 7

What is your plan for this property?*

Flip

Rental

Bridge

If Flip, what do you anticipate your hold time to be (months)?

If Rental Property, the current or projected monthly rental income is: $

If Rental Property, do you plan to increase rents in the near future?

Yes

No

Future Rents?

Do you intend to rehab or upgrade the subject property?

Yes

No

If YES, what do you estimate your rehab, construction, and/or updating costs will be?

If YES, what do you estimate the ARV (after repair value) to be?

If YES, will you be adding square footage (GLA)?

Yes

No

If YES, how much?

If rehabbing and/or updating the property, please explain the scope of work.*

Has work, rehab, or demo already begun or been completed on subject property?

Yes

No

Explain your investment strategy for this property in detail:

What is your exit strategy and how do you intend to pay back this loan?

Sell Property

Refinance

Other

Please explain in detail:

If cash-out refinance, how do you intend to use the cash-out proceeds? Please explain in detail.