I have a complicated and overly simple Pro Forma template but would love to find one mid ground that would work for small multi family 10-30 units ish. 

The seller has created a fictional pro forma to justify an inflated price.

Hey everyone!
I run a full-time, 10-person real estate investment team based in West Michigan. We focus mainly on fix-and-flip and buy-and-hold projects, and we acquire around 60 properties a year. Most of our deals ...

Again, others might feel differently here.3) property level due diligence: (takes seconds to weeks per deal): here is where I drill in with the low-level details.a) pro forma popping: I examine all the assumptions, and see if they are overoptimistic or not.

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?

We work with builders form a large number of markets throughout the country to package New Construction investment properties. 

But reviewing financials whether you have 1 or 100 rentals is important habit to form, as in order to grow your business you truly need to understand this side of the business.

We're getting ready to purchase a short-term rental property and have two investors so looking to form a new LLC and have some questions regarding that.

Plus, it’s more complicated when your lender looks at ownership for the DSCR loan.If it were me, I’d just form a Missouri LLC for this property and keep it simple.

Before making a commitment — the absolute best step for you is to understand the actual numbers and the real range of scenarios.You need to:• look at current NOI• model pro-forma NOI after deferred maintenance is handled• compare a seller-note vs direct buy vs trust transfer• realistically estimate capital improvements realistically for 8-units in Philly • assess the operational plan (self manage vs PM)• and lay out the possible outcomes for you specifically (tax exposure + risk + time cost)do this BEFORE saying yes or no — otherwise you might commit to something that becomes a burden or lose out on a great opportunityI know people capable of this type of scenario modeling in Philly if you want some connections.