Check whether a stabilized asset can be refinanced to return equity
For Acquisition & investment teams · also Owner-operators & property managers, Lenders & debt funds
Value OpinionUnderwriting
Give me an opinion of value for [address] from the attached T-12. Then underwrite this: [address] at that value with a new loan of [loan amount]. What is the return on our remaining equity, does the DSCR hold, and how much cash comes out?
- You give
- The address; the T-12; the loan amount (proposed new loan)
- You get
- Reasoned opinion of value, in the assistant Often also: memo (PDF), deck (PDF), memo (Markdown), Excel workbook (XLSX)
- Then
- Underwriting — ask for it in the same conversation once step 1 is done
FinancingUse this workflow