Learn the secrets of analyzing multi-family properties in Fort Collins.

This class is Module 39 of 46 in a series called Real Estate Investing Secrets.

Topics covered in this module include:

• The differences between analyzing a multi-family property with commercial financing and a single-family home with more traditional financing


• Obviously, the numbers are larger when you’re analyzing multi-family property deals, but what about the nuance of the increases


• How to deal with the listing and getting info on analyzing these types of deals


• The difference between actual and pro-forma numbers


• Why you might not be able to see all the units prior to making your offer and how it typically works with larger multi-family properties


• Why and how to make adjustments to numbers provided to you


• Determining the value of the property (ARV) and understanding the difference between these multi-family properties and smaller properties


• Negotiating with multi-family sellers and their agents/brokers


• How is financing different for 5+ units compared to financing < 5 units


• What lenders typically look for when financing 5+ unit commercial loans


• Down payments on 5+ unit commercial loans


• Debt Service Coverage Ratios… how to calculate it and how it is used when analyzing multi-family properties


• How amortization/loan term changes with multi-family financing


• How interest rates differ from more traditional financing


• The ugly truth about pre-payment penalties with 5+ unit commercial financing


• Can lenders really insist on reviewing your financials every year when getting commercial financing


• How closing costs change when analyzing multi-family properties


• Analyzing properties where you are improving their economics… and how to represent that with rent ready costs


• Why you’re much less likely to have to use cumulative negative cash flow when analyzing multi-family properties… and it is NOT because the properties cash flow better


• Modeling monthly rents and monthly other income—especially if you’re improving rents—when analyzing multi-family properties


• Correctly analyzing vacancy rates for multi-family deal analysis


• Why you can’t just use the property taxes in the listing when analyzing these deals


• Why you should call your insurance agent instead of using the seller’s insurance costs during deal analysis


• Dealing with landlord-paid utilities on multi-family properties including modeling switching to billback for utilities


• What common expenses might you see when analyzing multi-family properties


• Dealing with maintenance and capital expenses during multi-family deal analysis


• A word on liquidity challenges with multi-family


• Multi-family pros and cons


• Plus much more...

Check out the video and additional resources related to Secrets of Analyzing Multi-Family Properties.

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https://RealEstateFinancialPlanner.com/spreadsheet

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