Accredited investor status verified. Identity confirmed. Geographic fit noted (adjacent region).
Apr 18 · 4:45 PM
✓
NDA executed
Mutual NDA signed by both parties via DocuSign. Full application and financials unlocked for funder.
Apr 19 · 9:02 AM
✓
Loan package delivered
Full package including tax summary, construction budget, permit, and comp analysis shared via secure link.
Apr 19 · 9:05 AM
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Funder due diligence period
James has 7 days to review materials and indicate intent to fund, request more information, or pass.
In progress · Expires Apr 26
6
Term sheet / commitment letter
If funder proceeds, a term sheet is issued outlining loan amount, rate, term, and conditions.
Pending
7
Legal closing & fund disbursement
Loan documents executed. Funds disbursed in draws tied to construction milestones.
Pending
Secure messaging — NDA protected
NDA executed — secure channel open — Apr 19
Hi Sarah — I've reviewed the loan package. Really compelling project. A few questions: (1) Do you have 2–3 contractor bids, or is this a single GC? (2) What's the timeline from permit to construction start?
James R. · Apr 20 · 10:22 AM
Hi James, thanks for the quick response. We have two bids — the one we uploaded and a second from a local GC I've worked with before. Happy to share both. We're targeting a May 15 start, about 3 weeks after permit issuance.
Sarah M. · Apr 20 · 12:04 PM
That helps a lot. I'd love to see the second bid. Also — is the rental unit pre-leased or do you have a target tenant in mind?
James R. · Apr 20 · 2:38 PM
Active interest summary
James Rourke
Accredited investor · NDA signed · In due diligence