Fix & Flip Power Hour: Fund the Deal

## FIND IT. FUND IT. FIX IT. FLIP IT.

Ready to take your next step in real estate development?
Whether you're looking for your first investment property, renovating your fifth house, or preparing to tackle a larger development project, the right knowledge and the right people can make all the difference.
Welcome to Fix & Flip Power Hour, presented by SpaceLab Innovation Center.
This isn't another real estate seminar. And it isn't another networking event where everyone exchanges business cards and goes home.
It's where City Builders come to learn, connect, and move projects forward.
Each Power Hour brings together emerging developers, investors, contractors, architects, lenders, real estate professionals, and other industry experts for practical education and meaningful connections.
You'll gain insights from experienced professionals, ask questions about real projects, and meet people who can help you make your next move.

### WEDNESDAY, NOVEMBER 11

## A GREAT DEAL STILL NEEDS THE RIGHT CAPITAL.

You've identified a property with potential. You've started running the numbers. Now comes one of the biggest questions:
How are you going to pay for it?
Join SpaceLab Innovation Center for Fix & Flip Power Hour: Fund the Deal, where we'll explore financing options for real estate acquisitions and renovation projects.

### PRESENTER: JASON COLE, VP Lending at First Merchants Bank and Founder, Michigan Minority Contractors Association

Whether you're preparing for your first rehab or looking to finance larger projects, understanding how lenders evaluate deals can help you become a more prepared borrower.

### WHAT YOU'LL LEARN

• Common financing options for acquisition and rehabilitation
• How traditional, private, and other lenders evaluate projects
• What lenders want to know about you and your deal
• Understanding equity, leverage, and the capital stack
• Why cash reserves and contingencies matter
• How construction draws and renovation financing work
• Questions to ask before accepting financing terms

### WHO SHOULD ATTEND?

Emerging developers, fix-and-flip investors, property owners, realtors, lenders, and entrepreneurs preparing to finance a real estate project.

### THE POWER CONNECTION

Bring your financing questions.
Meet lenders, capital providers, and professionals who can help you better understand your financing options.
Know your numbers. Understand your options. Fund your next move.

### WHAT HAPPENS AT A POWER HOUR?

LEARN.
Get practical insights from industry professionals who understand the challenges of real estate development.
CONNECT.
Meet developers, contractors, lenders, designers, and other professionals who can help move your projects forward.
BUILD.
Leave with new knowledge, stronger relationships, and actionable next steps.

### THE FIX & FLIP POWER HOUR SERIES

Our eight-part learning pathway takes you through the major decisions involved in a real estate project.
Attend one. Attend several. Build your own pathway.
Each Power Hour stands on its own, so you can choose the topics most relevant to your current project.

### BRING YOUR PROJECT. FIND YOUR PEOPLE.

One of the most valuable parts of every Power Hour is the SpaceLab Deal Board.
Think of it as a live opportunity board where City Builders share:
I NEED: A contractor, lender, architect, property, partner, or other resource.
I HAVE: Skills, services, available properties, financing resources, or opportunities.
PROJECT: A real estate project I'm working on.
OPPORTUNITY: Something another City Builder should know about.
Come prepared to share what you're building and what you need to move forward.

### WHO SHOULD ATTEND?

Fix & Flip Power Hour is for:

• Aspiring and emerging real estate developers
• Fix-and-flip investors and property owners
• General contractors and skilled trades
• Architects, engineers, and designers
• Realtors and real estate brokers
• Lenders and financing professionals
• Attorneys, title professionals, and insurers
• Property managers and inspectors
• Anyone building a business around real estate development

You don't need to own a property or have completed a development project to participate.
If you're interested in learning how projects get done—and meeting the people who make them happen—there's a place for you.

### ABOUT SPACELAB INNOVATION CENTER

SpaceLab Innovation Center connects entrepreneurs, industry professionals, and emerging City Builders with the knowledge, relationships, and opportunities needed to create stronger businesses and communities.
Through practical education, collaboration, and innovative programming, we help turn ideas into projects and projects into progress.
Events hosted at SpaceLab Detroit, a Community for City Builders.

### READY TO BUILD WHAT'S NEXT?

Find your next opportunity. Meet your next partner. Make your next move.
Register for an upcoming Fix & Flip Power Hour.