New to Running Larger Complex, 36 Units, Trying to setup Financing
Hello,
Im working with a lender to refinance into a Fanny Freddy mortgage now that I have stabilized my 36 unit complex.
They have asked for a CAPEX schedule, and a T-6, in addition to the rent roll.
I imagine a T-6 is just a Trailing 6 month table that shows our rents, expenses all fully tabulated and organized into a summary table, but having a hard time finding documentation online to support that.
I am also wondering what to show for CAPEX schedule, if it should be anticipated expenses in future or just show the past expenses, or should it just allocate $ for each month.
I want to make sure I am putting my best foot forward with this guy so I was hoping for some examples and feedback here.
Let me know!