Acquisitions and Underwriting Associate (Remote) - 41813901568

Build micro-lists by zip code, targeting absentee and inherited owners, probate, code violations, evictions, utility shutoffs, and tax delinquencies.

Conduct direct-to-owner campaigns via calls, texts, mail, and door-knocking, and track hit rates and appointments.

Maintain relationships with wholesalers, agents, and auctions, and regularly follow up on expired/withdrawn listings.

Perform quick screens in 15 minutes and full underwriting within 24 hours.

Pull tight LTARV comps, enforce a ≤70% LTARV buy box, and assume 5% seller credits.

Verify scope, turn timeline, and rehab cost benchmarks, documenting all risk items.

Conduct tax, insurance, flood, and zoning checks, and prepare offer packages with price and term levers.

Maintain and update a list of lenders for flips/bridge lines, noting their appetite, fees, draws, and seasoning requirements.

Assemble all intake documents, including a summary memo, comps, budget/scope, timeline, and entity documents.

Manage the data room and coordinate appraisal/BPO, and set up draws with the lender (SOV, waivers, photos).

Build owner lists for target submarkets and execute weekly call, text, email, and mail cadences.

Conduct direct-to-owner outreach and build relationships with brokers/agents.

Pull public-record signals such as violations, permits, and liens.

Perform field tours and quick site checks to confirm unit count, condition, and market-rate rents.

Normalize T-12s and rent rolls, and verify utility bills and vendor contracts.

Conduct neighborhood-level rent comps and update expense assumptions.

Value properties via NOI and local cap rates, and stress DSCR at refi with a 70% LTV target.

Conduct DD coordination, including zoning/flood checks, code/violation searches, unit photo logs, takeoffs, and bid tabs.

Maintain a database of multifamily lenders, noting their LTC/LTV, DSCR, prepay, rehab-escrow rules, and seasoning requirements.

Prepare credit memos, rent rolls, T-12s, comps packages, and rehab budgets.

Drive third-party reports, insurance binders, closing checklists, and the draw process after a deal closes.

Perform weekly bank reconciliations by entity, tagging all transactions to GL and project codes.

Manage AP/AR, including entering invoices, scheduling payments, and posting rent/fees/deposits.

Track CapEx versus budget and provide variance notes.

Keep lender reporting packets current.

Ensure vendor compliance, including W-9 collection and 1099 prep, as well as insurance and license tracking.

Perform cash forecasting, reserve tracking, and draw accounting for active projects.