DBA Capital Group | Multifamily Underwriting

Over the years I have watched many apartment deals go sour, and they tend to fail for the same five reasons: aggressive underwriting, weak operations, a business plan that does not match the debt structure, inadequate capitalization, and failed partnerships.

This channel is about catching those five before you commit a dollar.

I am Vessi Kapoulian. As a former commercial lender, I underwrote thousands of deals and managed a portfolio north of a billion dollars. I read deals the way a lender does: what breaks first, and whether the downside was ever planned for.

Expect plain-English breakdowns of how to read a deal, vet a sponsor, and the diligence questions that separate a durable deal from a fragile one.

This is for you whether you invest passively, underwrite your own deals, or allocate capital and value deep diligence.
I am here to share my journey and the lessons I have learned along the way, not investment, tax, or legal advice. 

New videos weekly, plus live sessions.