Multi-Family or Mixed-Use Checklist

Multi-Family or Mixed-Use Checklist

Multi-Family or Mixed-Use Checklist

  1. CURRENT RENT ROLL including:
    • Regulated units ( controlled, stabilized)
    • Apartment number
    • Room / Bathroom count
  2. COMPLETE INCOME / EXPENSE STATEMENT on the property including:
    • Annual property taxes
    • Insurance
    • Water / Sewer
    • Fuel, Electricity
    • Maintenance / Repairs & Management
  3. SUMMARY OF ALL COMMERCIAL LEASES (if any) that show expirations and escalations
  4. COMPLETE, DETAILED PHYSICAL DESCRIPTION INCLUDING SQUARE FOOTAGE.
  5. IF ACQUISITION, PLEASE PROVIDE A COPY OF THE FULLY EXECUTED CONTRACT OF SALE.
  6. IF REFINANCE, PROVIDE THE ORIGINALLY PAID PRICE FOR PROPERTY, date of purchase, and summary of current financing.
  7. PHOTOS (at least 5)
  8. SITE PLAN OR PROPERTY SURVEY, if available.
  9. SUMMARY OF CURRENT FINANCING (refinance only) including:
    • Current Lender
    • Current principal balance
    • Current interest rate
    • Current monthly payment
    • Maturity date
    • Prepayment penalty information
  10. CURRENT BUSINESS FINANCIAL STATEMENT
  11. CURRENT PERSONAL FINANCIAL STATEMENT
  12. LAST 2 YEARS PERSONAL AND BUSINESS TAX RETURNS

Contact our Loan Specialist for assistance with any checklist item.   Multi-Family or Mixed-Use Checklist

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Equal Housing Lender
Quick Close Loans, LLC, Small Business Loans, Orlando, FL

Contact Us

Quick Close Loans LLC
3936 S. Semoran Blvd
Suite 489
Orlando, FL 32822

Number:
(386) 337-8059

Hours:
MON-FRI 7AM - 7PM