Master real estate underwriting, from your first flip to institutional multifamily.
The Deal Architecture Academy teaches you to read a deal, find where it breaks, and call it before a lender does. Start with the fundamentals or run the full operator system. Every course ends in a verifiable certificate.
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Courses
Deal Architecture Operator Certification
Learn to underwrite a commercial real estate deal the way a lender does.
Enroll →How to Underwrite Investment Real Estate
A complete beginner course, by investment type: fix and flip, rentals, and commercial including multifamily.
Enroll →Reading the Financials
Pull apart a rent roll, a T-12, and an operating statement, normalize NOI, and spot where the numbers are massaged.
Enroll →Become a Capital Placement Broker
How to broker business-purpose and commercial debt: the role, the licensing line, the deal lifecycle, lenders, and getting paid.
Enroll →The Deal Architecture Method
Think like a deal architect: the six structural layers, their failure modes, and the green, yellow, red read that finds where a deal breaks.
Enroll →Cap Rates and Valuation
The cap rate, the three approaches to value, comps and cap selection, and where value actually comes from.
Enroll →The Pro Forma and Real Estate Modeling
Build a model from a blank sheet: income and expenses, financing, returns, and honest modeling with assumptions and sensitivity.
Enroll →Finding Deals: Sourcing Commercial Real Estate
Build real deal flow from on-market, off-market, and broker channels, and a buy box that filters it.
Enroll →From Offer to LOI
The letter of intent, what binds and what does not, the terms that matter, and how it sets up the contract.
Enroll →Contract to Close
The purchase agreement, earnest money and contingencies, the due diligence clock, title and survey, and closing.
Enroll →Real Estate Tax Basics
Depreciation, cost segregation, the 1031 exchange, entities, and passive losses, at a literacy level. Education, not tax advice.
Enroll →Getting Started in Commercial Real Estate
How commercial differs from residential, the asset classes, the players, the deal lifecycle, and your first steps.
Enroll →Commercial Real Estate Financing 101
Leverage, the loan landscape, the key metrics, reading a term sheet, and getting the loan.
Enroll →Market and Submarket Research
Why market matters, demand drivers, supply and the pipeline, reading the submarket, and using the data.
Enroll →Property Operations and NOI
How operations drive NOI: income and leasing, the expense lines, reserves and capital, and the operating plan.
Enroll →Membership
Most deals do not break in the market. They break in the structure.
The membership is where you find that break before it finds you. Underwrite any deal end to end, run it through the same six layer structural read a credit committee would, and pressure test it until you know exactly where it bends. Courses get you certified once. The membership keeps your judgment sharp between deals, with new tools, new cases, and a fresh live teardown every month.
- The deal underwriter: sources and uses, returns, and the exit, with the structural read on the same screen
- The Structural Check with all six layers of flags, so nothing hides until closing
- Pressure test and capital stack tools that find the gap before a lender does
- A library of real deals to study, with new cases added every month
- A live deal teardown every month, recordings kept for you
- Save and compare your own deals, plus every membership course included
One missed structural break can cost more than years of membership.
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Who it is for
What you will learn
- Build NOI from income and expenses, and spot pro forma inflation
- Underwrite a fix and flip with ARV and the seventy percent rule
- Judge a rental on cash flow, cap rate, and cash-on-cash return
- Size commercial debt with DSCR, LTV, and debt yield
- Value multifamily as a business from NOI and the cap rate
- Operate the Deal Architecture system end to end
Earn a credential you can verify and share
Every course ends in a numbered certificate that anyone can verify online and add to a LinkedIn profile.