The Qualifier Plus Training Program Workbook is designed to empower real estate professionals by teaching them how to effectively use the Qualifier Plus IIIx and Qualifier Plus IIIfx calculators. This workbook consists of three comprehensive modules, each focusing on different aspects of real estate finance. Whether you are a seasoned professional or new to the field, this workbook will enhance your skills and boost your confidence in handling financial queries.
Module I: Basic Functions | This module covers the fundamental functions of the calculators, guiding users through various advanced real estate finance scenarios. You will learn how to quickly and accurately qualify clients for loans. |
Module II: Comprehensive Techniques | Dive into advanced concepts such as Bi-Weekly and Balloon Payments, Adjustable Rate Mortgages (ARM), and Combo Loans. This section equips you with the knowledge to handle diverse financing situations. |
Module III: Commercial Investment | This module focuses on commercial lending concepts, including Multiple Cash Flows, Internal Rate of Return (IRR), and Net Present Value (NPV/NFV). You will gain insights into real estate investment analytics. |
In Module I, you will start with a thorough introduction to the financial keys of the calculators. The glossary of terms provided ensures that you understand the information you are inputting. You will learn how to interpret the outputs effectively, allowing you to engage your clients in meaningful discussions regarding sales prices, down payments, and loan-to-value ratios.
Moving on to Module II, you will explore more sophisticated qualifying techniques. This includes calculating various ratios and understanding different payment structures such as bi-weekly loans and interest-only payments. You will also gain insights into balloon payments, estimated tax savings, and the benefits of rent versus buy decisions. Additionally, this module discusses how to calculate prices, yields, trust deeds, and combo loans. Understanding these concepts will help you provide precise answers to your clients’ queries.
Module III introduces you to commercial investment. This section begins with the property profile form and progresses to cash flow equations and cash-on-cash calculations. You will analyze important metrics such as gross rent multiplier (GRM), cost per square foot, and capitalization rates. By the end of this module, you will have a clear understanding of uneven cash flows and the “Cash-Asset-Cash” Model. The workbook concludes with an in-depth look at how to calculate the internal rate of return and net present value, vital skills for any real estate professional.
The Qualifier Plus Training Program Workbook not only teaches you how to operate the calculators but also builds your confidence in addressing clients’ financial concerns. You will be equipped to provide accurate answers ranging from PITI payments to complex investment analyses.
This workbook is designed to speak your language, breaking down complicated topics into understandable terms. It is an invaluable resource for anyone looking to enhance their real estate financing skills and improve their client interactions.
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