Taking courses, studying for tests, take the test, finding a sponsoring broker, becoming a NAR member. 

This version incorporates:- Value-add renovation underwriting- Dynamic rent and expense assumptions- Refinance logic and DSCR testing- A full 10-year proforma with key return metrics- Deal dashboard with key return metrics and indicators of successI’m attaching a screenshot of the inputs and dashboard page so you can get a sense of how it’s structured.For those actively underwriting multifamily deals, I’d be interested to hear:What do you wish most models handled better in practice?

Always stress-test the deal.We run numbers three ways:• Worst case: inspection delays, tenant slow approvals• Base case: regular turn, normal rent• Best case: new voucher, max allowable rentIf it doesn’t cash flow in the base case, we’re not interested.5.

I’d live there for about a year while I test out living in Arizona.

We've added synthetic testing to make sure that these features are less likely to break in the future.

The 30-year fixed is sitting at 6.28% today, and if you’ve been circling a property that’s been sitting too long, this is the moment to lean in and test the waters.Take an 80% offer at something stale.

For all decisions and changes made the exit strategy needs to be tested every time!!

They want to know you won’t blow the rehab budget, stall out, or panic when something goes sideways.Once I had one project under my belt with clean documentation, lenders stopped questioning my ARVs and started competing for my business.A few lessons from that first deal:• Show up with a real scope of work• Know your comps better than the lender• Bring a contractor who’s licensed, insured, and organized• Present the numbers like a business, not a hopeAfter that, funding becomes a systems game instead of a confidence test.

My business partner is currently testing for his South Carolina residential home builder license from which he has extensive home flip experience from previous duty stations. 

Correct me if I'm wrong, but I believe you can go thorough the classes, take the tests, become an agent under a broker for a short while, then leave the brokerage, put your license in suspension, and go on with life (you can wholesale or don't wholesale)Or, you can pass the test and straight away put your license in suspension, and go on with life (you can wholesale or don't wholesale)Is what you meant, is that you can't be an active agent in good standing, without being under a broker, unless you're a broker?