> For the complete documentation index, see [llms.txt](https://lex-mathopoulos.gitbook.io/foundation/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://lex-mathopoulos.gitbook.io/foundation/acquiring-a-property/creating-an-investment-proposal/adding-financials.md).

# Adding Financials

Learn how to add details about how you will finance buying the property (cash, mortgage, etc.)

A key step in crafting your investment proposal is deciding how you will finance buying the property. Are you planning to get a mortgage and just raise enough money from co-owners for the down payment? Or are you going to pay for the entire thing in cash?

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Whenever you are ready you can add these financial details by clicking the <mark style="color:purple;">`Add Financials`</mark> button on your <mark style="color:purple;">`investment proposal’s page`</mark>. There are a few pieces of information you can add, including:

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* **Bid Range -** The bid range is the lowest and the highest price you are willing to pay for the property. For example, maybe you think a property is worth $135,000 but you are willing to pay anywhere between $120,000 and $140,000. When Foundation eventually goes out to try and buy the property for you, we will try and negotiate the lowest price within your range.
* **Funding Type -** You can either choose to buy the property in all cash or using a mortgage.
* **Renovation Costs -** Sometimes a property may require some renovations or maybe you are buying a bare piece of land and are developing a new building from scratch.
* **Mortgage Type -** There are many types of mortgages including interest only mortgages, fixed rate mortgages, etc. Here you can choose the type of mortgage you are proposing.
* **Mortgage Term Length -** The length of the mortgage in months.
* **Highest Interest Rate -** The highest interest rate you are willing to accept when getting a mortgage.
* **Down Payment -** The highest down payment (as percent of the sales price) you are willing to accept when getting a mortgage.

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