At this event you will learn:

1. Acceptable CAP rates to arrive at a buyer's perspective on apartment valuation regardless of asking price;
2. Buyer's apartment valuations should use the audited NOI & accepted CAP rate to appraisal standards to value property.
3. Liquid asset requirements to purchase with institutional funds;
4. Types of lending institutions funding apartments (including syndication financing) and the interest rates offered from Fannie Mae/Freddie Mac & HUD to Non-agency and Private Funds, and these lending intuition's standards for good, fair and poor;
5. Leveraging dynamics, lending standards for debt service coverage ratios (DSR) for apartment buildings; and most importantly
6. Return on Investment ROI & Cash on Cash Return short & simplified calculations.

Please Note: If you have previously taken this course, the Georgia Real Estate Commission requires 366 days before you can receive credit.

Atlanta REALTORS® Center
Atlanta REALTORS® Center
5784 Lake Forrest Drive
Atlanta, GA 30328

Map & Directions

Rick Girgis

Rick Girgis is licensed loan officer, non-delegated underwriter, private fund manager, and the Principle Consultant of Equitable Consulting Mortgage Corporation, since 1999; a fully licensed residential, multifamily and commercial mortgage company and consultancy.