Real Estate Associate Interview Questions

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A borrower is asking if we would have an appetite to lend on a property that has not yet hit the MLS. The property address is 327 Barnes Street, Pittsburgh, PA 15221. They are asking Fund That Flip to provide some rough terms to determine if they should pursue bidding on the property. Please: 1. Provide an as-is value on this property. Include how you arrived at that value. 2. Provide an After Renovated Value on this property. Include how you arrived at that value. 3. How much should we lend, if any, on this deal? You may need to make some assumptions based on the limited information provided. If the case, document those assumptions and what additional information you would need to collect to confirm those assumptions.
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Real Estate Specialist

Interviewed at Fund That Flip

3.5
Apr 14, 2022

A borrower is asking if we would have an appetite to lend on a property that has not yet hit the MLS. The property address is 327 Barnes Street, Pittsburgh, PA 15221. They are asking Fund That Flip to provide some rough terms to determine if they should pursue bidding on the property. Please: 1. Provide an as-is value on this property. Include how you arrived at that value. 2. Provide an After Renovated Value on this property. Include how you arrived at that value. 3. How much should we lend, if any, on this deal? You may need to make some assumptions based on the limited information provided. If the case, document those assumptions and what additional information you would need to collect to confirm those assumptions.

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