Underwriting - assuming a loan on a commercial deal

[Stephen Brown]

Hello BP,

I am underwriting a deal using the Michael Blank's SDA tool and I am looking at how to go about underwriting a property where I would assume the mortgage. Does anyone have experience with underwriting a commercial deal where they assume a loan and would be able to show me how to structure my pro-forma for acquiring a property with a second mortgage and an assumption? Any day works, preferably a zoom call late in the evening.