EPISODE · Aug 6, 2024 · 28 MIN
12 Things A Property Development Lender Would Always Need To Know- Part 1
from Helpmebuy Property Podcast
The 12 things that a property development lender looks for before providing lending for a project! The topic centers around what lenders are looking for when considering funding a property development project and the key things that they must know in advance. Understanding what lenders want is crucial before seeking lending, and Moxin and Cheryl emphasized on it by explaining the importance of being prepared to answer their questions. Lenders want to know the nature of the deal, the feasibility of the numbers, and the legal ownership of the project. They also need to understand who is running the project and the key decision-makers involved. Moxin Reza along with Cheryl Leong highlighted the importance of establishing a good relationship with valuers and providing them with accurate and realistic information to ensure accurate valuations. Click on the link below to download Australian Bestseller “A Millennial’s Guide to Property Investing” now! https://www.amazon.com.au/dp/B0CRF48GGR Episode Highlights: 00:00 Welcome to Helpmebuy Property Podcast 05:02 Understanding Feasibility and Legal Ownership 14:13 Assets, Liabilities, and Personal Guarantees 24:10 Building a Relationship with Valuers Resources: Visit the Investor Partner Group website: https://investorpartner.com.au/ Join us on our FREE Facebook Group: https://www.facebook.com/groups/helpmebuyau You can also connect with us on https://www.linkedin.com/company/77080688. For more podcast episodes, subscribe to our Youtube Channel at https://www.youtube.com/@moxinreza. Keep smiling, be kind, and continue investing. Peace out! Hosted on Acast. See acast.com/privacy for more information.
What this episode covers
The 12 things that a property development lender looks for before providing lending for a project! The topic centers around what lenders are looking for when considering funding a property development project and the key things that they must know in advance. Understanding what lenders want is crucial before seeking lending, and Moxin and Cheryl emphasized on it by explaining the importance of being prepared to answer their questions. Lenders want to know the nature of the deal, the feasibility of the numbers, and the legal ownership of the project. They also need to understand who is running the project and the key decision-makers involved. Moxin Reza along with Cheryl Leong highlighted the importance of establishing a good relationship with valuers and providing them with accurate and realistic information to ensure accurate valuations. Click on the link below to download Australian Bestseller “A Millennial’s Guide to Property Investing” now! https://www.amazon.com.au/dp/B0CRF48GGR Episode Highlights: 00:00 Welcome to Helpmebuy Property Podcast 05:02 Understanding Feasibility and Legal Ownership 14:13 Assets, Liabilities, and Personal Guarantees 24:10 Building a Relationship with Valuers Resources: Visit the Investor Partner Group website: https://investorpartner.com.au/ Join us on our FREE Facebook Group: https://www.facebook.com/groups/helpmebuyau You can also connect with us on https://www.linkedin.com/company/77080688. For more podcast episodes, subscribe to our Youtube Channel at https://www.youtube.com/@moxinreza. Keep smiling, be kind, and continue investing. Peace out! Hosted on Acast. See acast.com/privacy for more information.
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12 Things A Property Development Lender Would Always Need To Know- Part 1
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