
Ep. 7 - Agency Lending (Paul Lewis - IPA)
Recap with Brandon Roth
00:00
Understanding Underwriting Nuances
This chapter explores the intricate processes of underwriting in real estate, focusing on estimating Net Operating Income (NOI) for loan sizing. It discusses the reliance on historical performance, the impact of replacement reserves, and how various agencies approach multifamily properties nearing stabilization. Additionally, it highlights the complexities introduced by ground leases and market conditions, providing insights into effective financial assessments.
Transcript
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