Keep a record of your investments.
Tune in to understand why it benefits you to maintain a documented track record.
Maintaining a documented track record of your real estate investment activities over the last 36 months is essential. This should detail all the properties you've purchased, rehabbed, and either retained or sold.
Even if experience isn’t a prerequisite for securing your desired investor loan, having a comprehensive and well-documented history can significantly enhance your loan terms, such as securing a lower interest rate.
For active investors, it’s crucial to keep an ongoing, precise, and well-documented track record readily available. This practice not only highlights your experience but can also be instrumental in optimizing your financing options.
Truly can help by providing a Track Record Template to get you started.
