Underwriting Resources ?
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  1. #1

    Underwriting Resources ?

    Does anyone have any resources for me to use so I can learn how to underwrite deals ?

    All help is appreciated, thanks

  2. #2
    Following this. I've been looking for resources as well but this industry is pretty concealed in regards to underwriting because every company is different.

    From what I understand the big things are:

    - Don't want to be pulling over 30% liability on daily balances
    - Deposits have to be consistent. $50K a month with 70 deposits is better than $100K a month 2 deposits etc.
    - need to show deposits of true revenue not transfers, and if they are coming from transfers you're going to need the transfer accounts as well
    - No gambling or addiction expenses
    - Like to see a history of pulling out an MCA at some point ad paying it back

    A software I've been seeing used is something called Dragon-io or something like that to help with calculations but again I think that has to be built out specific to the lender.

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