AI-Lending-Studio
GPT #1 – Deal Maker Underwriting Assistant
This assistant helps users walk through a full private lending underwriting process, step-by-step.
Key features include:
- Interactive checklist covering borrower, property, and loan terms
- Knowledge base built directly from your uploaded underwriting checklist
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STAR-format explanations (Situation, Task, Action, Result – a coaching-style framework that helps users understand what to do, why it matters, and what success looks like)
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Information “chunked down” into logical sections so AI can process and respond accurately
GPT #2 – Deal Maker Due Diligence Assistant
Built around your “Property • People • Paperwork” framework, this assistant helps users vet deals before investing.
Key features include:
- Checklist-style walkthrough to evaluate each deal area with confidence
- Integrated knowledge base from your Due Diligence Optimized guide
- STAR-format breakdowns to provide deeper context behind each action
- Web search capabilities for questions outside the uploaded documents
Here are ChatGPT prompts that private money lenders can use to evaluate deals, reduce risk, improve returns, and streamline operations:
1. Loan Risk Evaluation
Evaluate this private loan scenario for risk: Purchase $250,000, Rehab $50,000, ARV $400,000, Loan Amount $270,000 at 10% interest only for 9 months. Is this safe based on ARV and LTV?
2. ROI & Profit Calculation
Calculate the total profit and annualized ROI on a $150,000 loan with 2 points, 10% interest-only, for 6 months.
Calculate the total profit and annualized ROI on a $150,000 loan with 3 points, 13% interest-only, for 6 months.
3. Due Diligence Checklist Generator
Create a private lending due diligence checklist that includes evaluating the property, borrower, and paperwork before funding.
4. Lender Position Comparison
Explain the difference between being in 1st position and 2nd position as a private lender. What are the risks and when would a 2nd position be acceptable?
5. Capital Conversation Script
Write a 3-minute conversation script I can use to explain how private lending works to a potential co-lender or investor.
6. Stress Testing Loans
Stress test this loan: Purchase $300,000, ARV $425,000, Loan $285,000, 12% interest-only for 9 months. What happens if the project sells late, goes over budget, or the market drops 10%?
7. Private Lending Anaylsis:
Act as a private money lender. Analyze this deal for risk and return: The borrower wants $170,000 for a fix and flip. ARV is $250,000, purchase price is $120,000, rehab is $50,000. They’re offering 10% interest, 2 points, 6-month term, interest-only. What’s the LTV, my total interest earned, ROI and what should I be concerned with if I make this loan?
8. Lending Risk Analysis:
Using the following details about the borrower and the loan, assess the risk associated with funding this deal. Consider the borrower’s creditworthiness, experience, track record, and any potential red flags. Borrower Details: Junior Martin, Junior has excellent credit and has been investing for 5 years. Toal Loan Amount: $140,000, ARV: $200,000, Purchase Price: $90,000 and rehab budget is $50,000. Loan Term: 6 months, Interest Rate: 10% interest only and 2 points on total loan paid at closing. Exit strategy is to flip. What questions should you ask the Junior to mitigate your risk? What concerns do you have based on this information?
9. Lending Red Flag List Creator
Create a checklist of red flags I should watch out for as a private lender before funding a deal. Include borrower-related, property-related, and paperwork-related risks.
10. Flipping Houses Stress Test
Stress testing flips and calculating total interest on short term loans (for borrowers)
Stress test this deal: I’m flipping a house with an ARV of $350,000. Purchase price is $200,000, rehab is $50,000. Loan is $250,000 at 12% interest only and 2 points for 6 months. What happens if I go 2 months longer, go over budget by $15,000 over or only sell for $325,000?
What is my total interest paid on this loan $250,0000 with 12% interest only and 2 points for 6 months ?
What if I paid 10% interest only and no points, what is my interest paid? Compare these 2 loans.
Stress test this deal: I’m flipping a house with an ARV of $475,000. Purchase price is $350,000, rehab is $50,000. Loan is $400,000 at 12% interest only and 2 points for 6 months. What happens if I go 2 months, go over budget by $15,000 over or only sell for $450,000?
What is my LTV on this deal?
Private money vs hard money (for borrowers)
11. Interest Calculator
Break down how much total interest I’ll pay over 12 months on a $200,000 private money loan at 12% annual interest, interest-only payments. Also, show how the cost compares if I used hard money at 14% with 3 points. Create a table showing the costs of both loans.
