How to get financials to practice underwriting deals?

[Gabe Goudreau]

Hello everyone, 

I am trying to hone in my skills on underwriting / analyzing multifamily deals that are 5-20 units in size. I have done some basic run throughs with sample numbers on some free spreadsheets I found online, but I am really looking to take this to the next level. Any advice on how to obtain financials such as T12 or T6 without wasting the time of agents/brokers? Also, can anyone recommend a more advanced multifamily underwriting software (free or paid). Thanks!

[Mason Hickman]

@Gabe Goudreau

Sign up with the bigger brokerages then log on and sign Confidentiality Agreements (CA) in order to get deal room access. If there’s a specific area you’re interested in, call a few brokers and that way they at least know you and will rubber stamp you access to the deal room. Also, some listings on Loopnet include financials without making you sign a CA.