Built for multifamily

Multifamily Underwriting Software

Multifamily underwriting turns on the rent roll, the age of the building, and what a sale does to the tax bill. RVP Underwriter reads all three.

Underwrite a deal free See plans

Where multifamily deals go wrong

The recurring misses: a reserve set as a flat percentage instead of by the building's age and its named big-ticket systems (roof, boilers, parking); loss-to-lease and concessions buried inside a rosy gross number; and a property-tax line frozen at the current owner's assessment that resets the moment you buy. The rent roll tells the real story if you read it.

How RVP Underwriter handles it

Sizes a per-unit reserve by age band and adds real figures for named systems, not a one-size percentage.
Verifies occupancy and rents against the rent roll and computes economic occupancy from collected income.
Carries property taxes at their expected reassessed level, weighted by how your county behaves at a sale.
Estimates market rent for small residential deals when the seller gives no financials, loudly labeled as an estimate.

What you get

A defensible NOI, a verdict, three offer structures, and the Dealmaker suite with the pre-populated Excel model. Start with the NOI and DSCR calculators, and see how taxes are handled in rebuilding the seller's NOI.

The whole workflow, in about two minutes

Drop the offering memorandum, T-12, and rent roll into RVP Underwriter. It reads them, rebuilds the NOI, verifies occupancy, researches your county's taxes and insurance, prices three offer structures, and generates the report suite including the pre-populated Excel model. Start free.

Questions

Can it underwrite a deal with no seller financials?

For single-family and small residential, yes: it estimates income from researched market rent for the location and size, labeled clearly as an estimate with a flag, so you treat it as a screening read and verify with real leases before offering.

Also for

RVP Underwriter underwrites income property across asset types. See who it is for, the features, or just run your deal free.