Tommy Dobczyk breaks down a $368,000 real estate deal promising 25% returns in six months, which works out to roughly $92,000 profit. An AI underwriting tool evaluates whether the deal is bankable, but the accuracy depends on whether it just crunches numbers or also pulls property data like comps to assess actual risk.
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Are you getting deals like this? For a $368,000 investment from a second lien position, right? And then—
Yeah.
Term is 6 months with a 25% return on that investment, right?
I mean, I've got a lot more info than that. I was just trying to put a quick bullet point thing in there, but—
Yeah, go ahead and scroll through it real quick. Let's take a look at it. On the math, that return would be about a $92,000 payday in 6 months. If extended for the 3 months, it would go up to $128,000. The yield translation shows that for that period it would be about a, you know, between a 3.89% and a 4.17% per month ROI. So is it the underwriting verdict that it provides is as is not yet bankable? So it's giving— because again, this is, this is an underwriting LLM. It's giving you an understanding of whether or not this is a good opportunity or bad one. And so if it needs more info, by all means let us know. But based on the, what you've provided it, it's, it's designed to point out bad deals. It's designed to pick out the good deals and point out the bad deals.
So now, is, is it just taking the numbers and breaking it down, or you actually feed it an address, it looks up the address, looks up comps, and tries to get a gauge?