New Financing Underwriter
Real estate investors and sponsors evaluating a multifamily acquisition where you plan to obtain new financing — whether a single conventional loan or a primary loan paired with a second, subordinate loan (seller carryback, mezzanine debt, or preferred equity).
A 17-tab Excel workbook that walks you through a full 10-year underwriting of a multifamily acquisition with new debt: enter the seller's numbers, build your own view, size the financing, project a 10-year hold, stress-test your exit, and model LP distributions — plus the companion guide.
The 17-Tab Underwriting Workbook
A complete 10-step workflow — from entering the seller's T-12 on the Input Sheet through your own acquisition underwriting, 10-year proforma, amortization tables, tax estimates, disposition stress-test, IRR sensitivity grid, LP waterfall, and a print-ready investor package. The Holy Trinity traffic light (Cash-on-Cash ≥ 12%, Cap Rate ≥ 7%, DSCR ≥ 1.6x) tells you at a glance whether a deal clears the bar.

New Financing Edition User Guide
A 9-page companion guide that walks through every tab, explains the color key and input conventions, defines all return metrics (NOI, Cap Rate, CoC, DSCR, IRR, AAR, Equity Multiple), and answers the most common troubleshooting questions — so you know exactly what you're entering and why.

The Free Investor Guide
A market and process primer for investors newer to multifamily — how deals are sourced, quoted, and closed before you ever open the workbook. Included with every tier.



