Updated over 7 years ago on . Most recent reply
Single Family Development Underwriting
Hello All! I work for a Real Estate investment company in Southern California. Our company acquires Multi Family complexes in the U.S. However, just recently people have been sending me development opportunities for single family homes. I have a background in commercial development however I have no idea where to start with single family build and sell type scenarios. Especially with any underwriting or pro-forma. Does anyone have an example of sample underwriting they use for acquiring a distressed home then tearing down to build a new gorgeous home?
Anything is appreciated!