Package for borrowing Funds for a commercial subdivision development

[sherry]

Hi,



I am currently seeking funds for developing a subdivision and I want to put together a package for the lenders. What is the info I need to include? Business plan, personal and corporate financials...if anyone could share how they put together a presentation it would be much appreciated



Thanks so much,

Sherry

 

[Thomas Beyer]

add: servicing costs and revenue projections incl absorptions. 50% LTV at 8-10% is doable and hopefully won't lead to bankruptcy due to slow sales or servicing cost overruns. Best done with no mortgage.