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Updated over 2 years ago,
Do you use LoopNet? Would this help you filter investments?
I've been using LoopNet to look at some retail centers and STNL properties. I got tired of copy-pasting info into Excel to see if a property met my cash-flow requirements, so I made a Chrome extension to do the work in one click.
Would anyone else find this useful? How do you handle this process (or am I the only one who does this)?
You can set these values:
* LTV
* mortgage rate
* amortization period
* minimum DSCR
* minimum NOI
And then, if there's enough info in the listing, it'll give you a button you click that responds with a ✅ or ⛔️ and metrics calculated.
What do you think?