This one-week workshop introduces the key components of real estate financing. Learn basic real estate financial terms and basic principles of financing real estate. Examine the concept of loan amortization and the American mortgage lending system for rental and homeownership. Learn to use spreadsheets to make basic financial calculations of loan payments; interest rates; present and future values of investments/loans; and the APR. Appropriate for persons new to real estate financing and those wanting to learn how to use spreadsheets. A basic knowledge of Excel is necessary for this class.
This one-week workshop includes self-paced online assignments and the use of peer discussion forums. The course is presented in one week, Monday to Friday. Live online session(s) are held during the week with the faculty and participants. Participants should expect to spend approximately six hours on course-related reading and assignments.
This course leads learners through the basics steps of developing an affordable housing project from site selection and project feasibility through development team selection to budget design and funding. Learners will also learn to assess the pros and cons of real estate development and how they can affect an organization's goals. It will provide secure groundwork for new project managers as well as providing Executive Directors and Board Members with a base of knowledge that will allow them to adequately follow the development process.
- Teacher: Maura Camosse Tsongas
