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home/Knowledge Base/I have a question about a model.../All-In-One/How to get the AIO model to refinance during the hold term
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How to get the AIO model to refinance during the hold term

52 views 1 June 22, 2020 Updated on November 26, 2022

How do you get the AIO model to refinance during the hold term for value-add and construction loans?

There are several options for handling mid-term refinances in the All-in-One

1. When using the development module (i.e. M13 > 0 on Summary tab). A construction loan with interest-only payments, together with equity, fund the uses outlined on the Budget tab. At stabilization (K17 on the Summary tab), a permanent loan takes out the construction loan (see Perm. Debt tab).

2. When not using the development module, or after stabilization. A permanent loan funds at time 0 (or at stabilization when using the Development module) with a loan maturity month set in cell E18 of the Perm. Debt tab. If the loan maturity month is less than the analysis period, a second loan (i.e. mid-hold refinance) takes out the initial loan with assumptions for that loan set in cells B29:E38 of the Perm. Debt tab.

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All-In-One

  • How to get the AIO model to refinance during the hold term
  • Are there any limitations in the ORI Module of the All-In-One Model?
  • I need help to modify (customize) the model
  • I noticed that the Ai1 model does not have the option to put the value of the property manually. Only by DCF or Cap Rate. While in other models there is an option for manual input.
  • In the MM-Ops sheet, where operating expenses are inserted – is that supposed to be headed “year 1” or the year of stabilization?
  • Wondering why the IRR Matrix sheet/tab does not come up in version .81 but it did come up in prior versions? How can I get it to come up?
View All 32  

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