Using Deal Analyzer for Multifamily Properties

[John McFadden]

When running multifamily commercial properties through the deal analyzer, with different unit mixes, how many bedrooms/baths should I select? Or should I be using a different more appropriate analyzer for large commercial apartments? Please advise thanks!

[Taylor L.]

You need a proper underwriting sheet for larger multifamily deals. Michael Blank's Syndicated Deal Analyzer is popular. There are many options if you jump on to Google or search BP's forums.

Just be aware that any underwriting tool is only as good as the user. Take time to research multifamily underwriting. Read books, listen to podcasts, watch YouTube tutorials, look at other investors' underwriting, and so on.

Be patient and look at a lot of deals!