24 Jan Fundamentals of Apartment & Commercial Mortgage Underwriting Fundamentals of Apartment & Commercial Mortgage Underwriting Friday, January 24, 2020 (1:00 PM to 4:00 PM) 3.00 Education Credits Atlanta REALTORS Center, Atlanta, Georgia Commercial CE Details You're Registered! DescriptionLocationInstructors At this event you will learn: Acceptable CAP rates to arrive at a buyer's perspective on apartment valuation regardless of asking price; Buyer's apartment valuations should use the audited NOI & accepted CAP rate to appraisal standards to value property. Liquid asset requirements to purchase with institutional funds; 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; Leveraging dynamics, lending standards for debt service coverage ratios (DSR) for apartment buildings; and most importantly 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 Center5784 Lake Forrest DriveAtlanta, 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.