3min chapter

BiggerPockets Real Estate Podcast cover image

757: $0 Down Deals, 3% Interest Rates, and Insane Property Purchases w/Pace Morby

BiggerPockets Real Estate Podcast

CHAPTER

The Importance of Comping Over Underwriting

I was actually talking to somebody yesterday who they were partnering up with somebody on a multifamily deal and they told me that they were giving them 50% equity in the deal because they were underwriting it. I thought that was really... I mean, that person's also bringing capital raising as well. But at that time, I was kind of taking underwriting as analyzing the property, right? And that's really important what you just said, comping versus underwritingBecause comping, like if you're doing a single family residence, you're really just running numbers and there's not too much below the hood right past the inspection. You're basically auditing every single aspect of the property

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode