Screening Multifamily deals

[Liam Delumpa]

Hello BP!

I am currently building out my funnel of leads for multifamily properties in my market. I understand the basics of underwriting, but I am curious how you screen deals and narrow down leads to a subset of properties worth doing full underwriting for. Is there any tips for determining if something will pencil out before going through the hassle of getting T12 financials from the broker/seller? I want to get my underwriting reps in, but don't necessarily want to intrude or waste the time of brokers to get full financials for every deal I'd like to practice underwriting. Any suggestions?