Cove Lending Investor Tools

Presented by The Cove Lending Team

Investor Calculator Tools

(Flip and Rental)

Purpose of Tool: That is what you are going to want to use for analyizing your deals. It is for Flips and Rentals.

Download: LINK HERE (DO NOT REQUEST EDIT ACCESS ➤ Go to File ➤ Make a Copy)

Contract for General Contractor & Scope of Work Document

Purpose of Tool: This is an agreement for working with your general contractor or your subcontractors.

Download: LINK HERE (DO NOT REQUEST EDIT ACCESS ➤ Go to File ➤ Make a Copy)

Standard Design Book for Flips

Purpose of Tool: This is a standard selection book for flip homes. Edit as you see fit for your designs. The goal is to ensure you have standards to ensure selections are easy to make and there is a plan for purposes of knowing your costs and budgets. It gives your team more clarity, so they don't have to call you all the time for selections. Just execute the book and get the homes rehabbed FASTER. Faster = MORE MONEY in Flipping and Renting.

Download: LINK HERE (DO NOT REQUEST EDIT ACCESS ➤ Go to File ➤ Make a Copy)

TERMS

  • Loan Sizes: Up to $500,000

  • Loan Term: Up to 8 Months

  • Interest Rate: 12%

  • Origination Fee: 3%

  • Legal Doc Fee: $795

  • Funding & Draw Fee: $595

  • Loan Value: Up to 75% ARV

  • Closing Time: As Fast as 5 Days

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NMLS ID: 2632998

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