Introduction to Multifamily Underwriting
Led by Justin Goodin, this course covers key concepts like analyzing financial statements, modeling business plans, and selecting appropriate debt products, all aimed at ensuring informed investment decisions and preventing potential pitfalls.
š° $49Ā āĀ 75 minsĀ š„ļøĀ AsyncĀ š·ļøĀ Tax
Buy nowCourse OutlineĀ
4 modules, 12 lessons,Ā 75 minutes
Introduction
Lesson 1: Course Introduction
Lesson 2: What is Multifamily Underwriting
Ā
Essential Documents
Lesson 3: Multifamily Rent Roll
Lesson 4:Ā T12s
Lesson 5: Model Your Business Plan
Lesson 6: Creating Your Capex Budget
Lesson 7:Ā Growth Assumptions
Debt & Metrics
LessonĀ 8: Multifamily Loans
LessonĀ 9: Waterfall
LessonĀ 10: Return Metrics
Underwriting a Deal
LessonĀ 11: Underwriting a Deal
LessonĀ 12: Course Conclusion
GetĀ theĀ course brochure
Walk away with
- The ability to accurately underwrite commercial multifamily properties
- The skills to analyze financial statements like the T12 and rent roll to identify red flags
- The knowledge to model business plans and property improvements in a financial spreadsheet
- The expertise to incorporate capital expenditures and growth rates into your underwriting model
- The capability to determine the optimal purchase price using informed debt and equity assumptions
MeetĀ Justin
Justin Goodin is the CEO of Goodin Development. He has a finance degree from Kelley School of Business and has spent years working in the commercial banking industry before pursuing real estate full-time. Justin founded Goodin Development, a company dedicated to helping busy professionals passively invest in real estate development so that they can live a life by design now, instead of waiting until they retire.