Underwriting for 1st Position
Sharing a real underwriting example here so you can see exactly how we protect capital at Aces Capital.
Two key points about our structure:
- We share that we only lend in 1st position, so our capital sits senior to all other debt.
- We lend under the “as-is” value” of the property, not some optimistic future number, which builds in a clear margin of safety if things don’t go as planned.
By combining senior position with conservative as‑is value, we actively mitigate downside risk while still targeting strong, consistent returns.
0
0 comments
Underwriting for 1st Position
powered by
skool.com/the-self-directed-network-7615
Education for passive real estate investors who want clarity and confidence in understanding deals, operators, and structures.
Suggested communities
Powered by