🎧 Secrets of Analyzing Multi-Family Properties

New To Podcast This Week - Over 220,000 Total Downloads*

Learn the secrets of analyzing multi-family properties.

This class is Module 39 of 46 in a series called Real Estate Investing Secrets.

Topics covered in this module include:

• The differences between analyzing a multi-family property with commercial financing and a single-family home with more traditional financing

• Obviously, the numbers are larger when you’re analyzing multi-family property deals, but what about the nuance of the increases

• How to deal with the listing and getting info on analyzing these types of deals

• The difference between actual and pro-forma numbers

• Why you might not be able to see all the units prior to making your offer and how it typically works with larger multi-family properties

• Why and how to make adjustments to numbers provided to you

• Determining the value of the property (ARV) and understanding the difference between these multi-family properties and smaller properties

• Negotiating with multi-family sellers and their agents/brokers

• How is financing different for 5+ units compared to financing < 5 units

• What lenders typically look for when financing 5+ unit commercial loans

• Down payments on 5+ unit commercial loans

• Debt Service Coverage Ratios… how to calculate it and how it is used when analyzing multi-family properties

• How amortization/loan term changes with multi-family financing

• How interest rates differ from more traditional financing

• The ugly truth about pre-payment penalties with 5+ unit commercial financing

• Can lenders really insist on reviewing your financials every year when getting commercial financing

• How closing costs change when analyzing multi-family properties

• Analyzing properties where you are improving their economics… and how to represent that with rent ready costs

• Why you’re much less likely to have to use cumulative negative cash flow when analyzing multi-family properties… and it is NOT because the properties cash flow better

• Modeling monthly rents and monthly other income—especially if you’re improving rents—when analyzing multi-family properties

• Correctly analyzing vacancy rates for multi-family deal analysis

• Why you can’t just use the property taxes in the listing when analyzing these deals

• Why you should call your insurance agent instead of using the seller’s insurance costs during deal analysis

• Dealing with landlord-paid utilities on multi-family properties including modeling switching to billback for utilities

• What common expenses might you see when analyzing multi-family properties

• Dealing with maintenance and capital expenses during multi-family deal analysis

• A word on liquidity challenges with multi-family

• Multi-family pros and cons

• Plus much more...

How to Access in 3 Easy Steps

1. Click here to select your city from the list

2. Click on the PODCAST button next to your city.

3. Select your preferred podcast player (Apple, Spotify, etc) and subscribe for free.

Enjoy!

Love,

James Orr

*As of June 6, 2025 the total number of downloads across all Real Estate Financial Planner™ city-specific real estate investing podcasts for all episodes over all-time is over 220,773.