I've generally seen 1-4 and then 5+ so curious as to what was driving the 1-5 and how the model handles the different mortgage types in its evaluation?

I mean if we have super excellent credit, reserves and a 20% down payment but the DTI won't look good until the primary is sold will a lender even look at us? 

Happy to connect and answer any questions you have!

Why not purchase and live in there and commute to school?

How many posts here have you read and all the comments?

And more...

I've made a excel spreadsheet that works pretty good and calculates the buy boxes and even automatically calculates loan payments, estimates property taxes & insurance, and even gives a feedback loop of a rough estimate based on the values I've entered.

My client uses it and I personally used it a while ago.My new client switched from Buildium to AppFolio and he absolutely hates Buildium.

When it comes to structuring a deal, most developers focus on the capital gap — but lenders focus on readiness.Over the last few years, I’ve noticed that deals move faster (and get better terms) when the borrower has a clean due diligence stack ready before approaching mezzanine or bridge lenders.Here’s a quick checklist we use internally before structuring mezzanine capital between $1M–$100M+ :✅ Updated project financials✅ Detailed pro forma with realistic DSCR assumptions✅ Rent roll or trailing 12-month P&L✅ Capital stack breakdown showing senior + subordinate layers✅ Clear exit or refinance planHaving these ready builds lender confidence and speeds up funding timelines.💡 Curious — for those of you who’ve raised mezzanine or bridge capital recently:What’s one document or metric lenders focused on the most during your due diligence?

They are 80% and first position, the company is 20% and second position.