Property Information
Help our underwriting and purchasing team evaluate your property.
Providing the information below will help us move forward with further evaluation:
- Market CAP rate for this type of property.
- Configuration of the property with square footage (# of units/beds/baths/other spaces). (Excel file preferred.)
- Excel file of rent roll if occupied or indication that property is unoccupied. (Excel file preferred.)
- Cash basis T12 (trailing 12 months of income and expenses). (Excel file preferred.)
- What utilities are used for which systems and who pays them?
- Any other monthly or annual expenses captured outside of the T12. (Excel file preferred.)
- Recent CAPEX projects/repairs.
- Deferred CAPEX projects/repairs.
- Any additional pictures the building, inside, outside, roof and mechanical systems and spaces.
- Any available building plans.
- Seller’s disclosure.
- Property inspection report.
- Flood plain designation.
- Septic/well or public water/sewer.
- Is the seller willing to finance?
- Is the current mortgage assumable, if so, what are the terms?
- Is there an HOA, if so provide the HOA agreement and website.
T12 Information Required
Synthesis Underwriting Model
We use a tool called Synthesis to underwrite. Synthesis has the categories shown that need to be completed. Each item in blue needs to have a number indicated on the T12 or included somewhere in the information submitted. Sometimes the number is $0 or the category is not applicable, but indicate that as well.
Not having this information on first ask extends the process longer than required.
©Copyright. All rights reserved.
We need your consent to load the translations
We use a third-party service to translate the website content that may collect data about your activity. Please review the details in the privacy policy and accept the service to view the translations.