How to Fill Out a Scope of Work for a Repair
Learn how to properly fill out a statement of work for fix and flip properties to increase your chances of getting approved for funding. Avoid common mistakes and gain essential skills in this course for real estate investors.
What lenders look at in a Statement of workThe importance of a statement of workHow to propery fill out a statement of workCommon mistakes first timers makeAre you currently buying repair properties or are you interested in learning about Fix and Flip properties?While you are riding around looking at old houses you need to imagine the scope of work for projects. Have you always wanted to fix and flip a house but you were not sure of what to expect when presenting your statement of work? This will help you understand that part of the process. As a real estate investor, in order to get funding for a repair loan on a fix and flip property you are required to fill out a scope of work. A scope of work can be a daunting task for a first time real estate investor.This course will teach you to understand what funding companies are looking for when they look at your deal. We will go over the common mistakes that new investors make and how to easily avoid those mistakes.This course will show you what investors I have worked with who have had difficulty getting though the funding process have done incorrectly. This course is designed to help you avoid those issues on your projects. This is an essential skill for anyone who is trying to get funding for their real estate investment project. Understanding how to fill out a statement of work will greatly improve your ability to gain funding for your projects.Who this course is for:This course is for real estate investors looking to better understand how to get approved for fix and flip funding