Investor · Lansing, MI · Member since 2021 · 55 posts · 22 votes
Hello everyone,
I am trying to hone in my skills on underwriting / analyzing multifamily deals that are 5-20 units in size. I have done some basic run throughs with sample numbers on some free spreadsheets I found online, but I am really looking to take this to the next level. Any advice on how to obtain financials such as T12 or T6 without wasting the time of agents/brokers? Also, can anyone recommend a more advanced multifamily underwriting software (free or paid). Thanks!
Rental Property Investor · Redondo Beach, CA · Member since 2017 · 411 posts · 477 votes
5y
You might sign up for "Crexi." They will have properties of that size, and you can usually request financials. Loopnet might occasionally have financials available. CBRE has full financials, but mostly larger assets.
For deals that size, you might try Michael Blank's SDA, which costs a little money.
You might sign up for "Crexi." They will have properties of that size, and you can usually request financials. Loopnet might occasionally have financials available. CBRE has full financials, but mostly larger assets.
For deals that size, you might try Michael Blank's SDA, which costs a little money.
Real Estate Agent · Sandwich, MA · Member since 2014 · 974 posts · 636 votes
5y
@Gabe Goudreau
Sign up with the bigger brokerages then log on and sign Confidentiality Agreements (CA) in order to get deal room access. If there’s a specific area you’re interested in, call a few brokers and that way they at least know you and will rubber stamp you access to the deal room. Also, some listings on Loopnet include financials without making you sign a CA.