Karps Capital Private
Money Lending
We welcome referrals
through Attorneys, Accountants, and other Real Estate professionals.
Relationships are the key to our success, and we welcome
the opportunity to assist you with your clients financing. We keep you informed of the progress of your client’s
loan and work with you to close quickly. * Referral Partners Protected *
Please take a look at our lending
parameters outlining our
loan criteria. If you have a deal that needs our immediate attention, please submit an online
application.
*** New Workout Loan Program
***
To Help Quickly Evaluate A Scenario, Please Provide: ( Additional documents may be required)
1. Color photos of the subject property, (Inside and
Outside 4 min.)
2. Executive Summary.
3. Purchase Agreement /Contract
4. Borrower / Sponsor’s Personal Financial and Real
Estate schedule.
5. Borrower / Sponsor' s Resume or Bio detailing
experience.
6. Three years Profit and Loss statement on the subject
property or business entity.
7. Income & Expense
Projections (12 months)
8. Current Year to Date Profit & Loss
Statement
9. Rent Rolls and Leases: (to include: tenant name, unit number, sq. ft of each
unit, rent amount, date lease started, expiration date of
lease).
ALL DOCUMENTS MUST BE IN ELECTRONIC FORMAT AND SHOULD BE
ABLE TO BE TRANSMITTED TO EC VIA EMAIL.
FINANCIALS THAT ARE HANDWRITTEN WILL NOT BE
ACCEPTED.
FINANCIALS FROM A CPA/ACCOUNTANT WILL BE ACCEPTED.
|