Real estate underwriting may sound like a foreign concept, but you’ve probably done it before. The act of underwriting is simply another way of saying that you’re analyzing a real estate deal. Underwriting goes a bit more in-depth than regular real estate analysis simply because the deals worth underwriting are usually bigger, better, or a bit more complicated. This is why underwriting is so common in commercial real estate, home flipping, BRRRRing, and real estate development.

Leka Devatha, president of Rehabit Homes, has had to underwrite hundreds of deals. As a fix-and-flipper, Leka needs to know exactly how each step of the real estate investing process will affect her bottom line. Each extra repair, month of holding time, and new property adds a new layer of profit or costs. Through buying so many deals, she’s become an expert at real estate underwriting, and is here to make you one as well!

If you’ve never underwritten a property before, don’t get overwhelmed. Leka will break down how underwriting works step-by-step. In future videos, she’ll be touching on underwriting fix and flips, multifamily properties, BRRRRs, and more! They say you make money when you buy, and with Leka’s help, you’ll be closer to stepping into profits from day one!

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Join BiggerPockets for FREE 👇
https://www.biggerpockets.com/signup?utm_source=youtube&utm_medium=description&utm_campaign=none
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Use the BiggerPockets Rehab Calculator on Your Next Real Estate Deal:
https://www.biggerpockets.com/rehabcalc
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The Most Important Things I’ve Learned About Underwriting Multifamily Deals:
https://www.biggerpockets.com/blog/underwriting-multifamily-deals?utm_source=youtube&utm_medium=description&utm_campaign=none
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A Real Life Example That Proves the Importance of Underwriting Multifamily Numbers:
https://www.biggerpockets.com/blog/2015-09-22-mutifamily-underwriting?utm_source=youtube&utm_medium=description&utm_campaign=none
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Hear Leka on The “BiggerPockets Real Estate Podcast”:
https://www.biggerpockets.com/blog/biggerpockets-podcast-390-leka-devatha?utm_source=youtube&utm_medium=description&utm_campaign=none
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Connect with Leka on BiggerPockets:
https://www.biggerpockets.com/users/leka?utm_source=youtube&utm_medium=description&utm_campaign=none
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Follow Leka on Instagram and LinkedIn:
Instagram: @leka_devatha or https://www.instagram.com/leka_devatha/
LinkedIn: https://www.linkedin.com/in/leka-devatha-5616bb185/

00:00 Real Estate Underwriting 101
00:57 The 4 Factors of Analyzing Real Estate Deals
01:28 Get REALLY Good at Comparing Properties
02:05 House Flipping Deals
02:56 Learn How to Finance Your Deals
03:28 BRRRR Deals
04:21 Wholesale and Multifamily Deals
05:01 The 4 Ways to Finance Your Real Estate Deals
07:22 Got Your Underwriting Down?

#biggerpockets #lekadevatha