Buyer Underwriting and Finance

Direct Answer

Underwriting must include total monthly carry, board/liquidity constraints, taxes, and transaction fees. Treat financing as a risk-control system, not just a rate-shopping step.

Key Workstreams

• Model all-in monthly costs: principal, interest, taxes, maintenance/common charges, insurance, reserves.
• Validate board-style liquidity and DTI constraints before offers.
• Include mansion tax and closing-cost tiers in EV analysis.
• Pre-negotiate lender timeline and contingency windows.

Citations

• NYS tax and transfer resources: https://www.tax.ny.gov/
• NYC property tax and finance resources: https://www.nyc.gov/site/finance/index.page

See Also

• Buyer Operator Playbook
• Buyer Strategic Foundations
• Buyer Due Diligence and Closing