Finance Broker's Scripts for You to Use

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Scripts to use with your finance brokers.
When you need to talk to your finance broker or lender about your real estate investing, here is an actual script of mine you may want to look over to familiarize yourself with you will be asked.

Thanks for following up with me today !!

As discussed given the size of your portfolio it would be beneficial for me to be able to do some research on lending options prior to our meeting.

This would obviously maximize our time together.

Could you please outline the following to me for each real estate investing property:

Address of property

Value of property

Debt on property

Lender name

Interest rate

Monthly repayment

Current rental income

I will also need to know the following:

Marital status

Dependents

Employment for self (and spouse if applicable) – PAYE or self employed

If PAYE your income

If self employed how long for and net taxable income on tax returns for

2003-2004 and 2004-2005

Credit cards (limit if applicable)

Details of car lease or personal loans if applicable

Credit rating (clear or blemishes)

As mentioned I can then run some figures on your borrowing capacity with

all the lenders we deal with (which is approx 30). It will also allow me

to look at your current structuring to see if you are maximizing your

ability to borrow.

I look forward to hearing from you.

Kind regards,

Karla XYZZZ

As you can see the detail you need to know is huge. It pays to keep a file of all your different transactions and documents in a safe and easy place to locate. This will save a lot of time and frustration later. And also make the Real Estate investing more enjoyable as it should be.
To your investing success
Leo Love
[http://www.therealestateinvester.com]
If any of your family or friends is interested please pass this on to them.

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