Virtual Real Estate Underwriter / Acquisitions Analyst (Remote – US Based)

We are seeking a highly skilled Virtual Real Estate Underwriter / Acquisitions Analyst to support our acquisitions team focused on single-family and small multifamily properties in Austin, Texas.

This is a fully remote, US-based position. Candidates must be located in the United States and be able to work in alignment with US Central Time hours.

Applicants who submit a short introduction video will be prioritized.
This role requires strong comfort with video calls and real-time collaboration.

Role Summary

You serve as the gatekeeper of deal quality for our Austin, TX acquisitions pipeline.

You are responsible for sourcing, analyzing, underwriting, and coordinating deals, ensuring only high-quality investment opportunities reach ownership for final decision-making.

This is a high-ownership, analytical role requiring independent thinking, fast decision-making, and strong attention to detail. You are expected to proactively identify missing data, disqualify weak deals early, and drive analysis forward without step-by-step instruction.

This is not a clerical role. It is a deal-making and investment analysis function.

Core Responsibilities

MLS Monitoring & Market Intelligence

Monitor Austin-area MLS daily to identify properties within our buy box
Track price reductions, stale listings, and emerging opportunities
Maintain a watchlist of potentially mispriced or undervalued properties
Proactively surface opportunities—do not wait for assigned leads

Deal Intake & Initial Analysis

Review inbound opportunities from agents, wholesalers, and off-market sources
Classify deals as: Pass, Keep (needs more info), or Escalate
Maintain accurate tracking systems and ensure data integrity

Underwriting & Financial Analysis

Gather and validate property, comp, rental, and market data
Build and maintain pro formas using established models
Calculate MAO, ARV, and projected cash-on-cash returns
Evaluate multiple exit strategies (flip, BRRRR, long-term hold, ADU/DADU, condo exit)
Continuously refine underwriting as new data becomes available
Deliver clear, investment-ready recommendations with supporting rationale

Deal Coordination & Execution Support

Coordinate underwriting workflow once deals show potential
Schedule walkthroughs and coordinate inspections with the Acquisitions Lead
Collect and verify photos, videos, and property condition reports
Assemble complete, organized deal packages for ownership review

Data & Pipeline Management

Maintain clean, structured, and version-controlled deal tracking systems
Use Google Sheets, Smartsheet, Dropbox, MLS, and related tools
Build or improve templates to enhance efficiency and accuracy

Agent & Wholesaler Communication

Serve as first point of contact for inbound opportunities
Collect missing information quickly and professionally
Maintain strong, responsive communication with external partners
All negotiation and offer discussions remain with the Acquisitions Lead

Requirements (Non-Negotiable)

3+ years of hands-on US real estate underwriting experience (SFR + small multifamily, value-add focus)
Proven ability to independently classify deals (Pass / Keep / Escalate)
Strong understanding of ARV analysis, comps, investor buy boxes, and pro forma modeling
Advanced proficiency in Google Sheets or Excel
Strong understanding of US residential real estate financing structures and terminology
Ability to identify missing data and independently drive deals from intake to underwriting completion
Strong analytical thinking and attention to detail

Tools Used

MLS (access provided)
Google Sheets / Excel
Smartsheet
Dropbox / Google Drive
Zillow, Redfin, county records
Additional real estate research platforms as needed

What We Value Most

Proactive identification of weak or incomplete deals early in the process
Strong organization and disciplined pipeline management
Active monitoring of MLS and market trends for opportunities
Clear, data-driven investment recommendations
Fast, professional communication with internal and external stakeholders

What This Role Is NOT

A data entry or administrative tracking position
A step-by-step guided role requiring constant instruction
A negotiation or offer-making role
A beginner-level underwriting position

Position Details

Location: United States (remote)
Time Zone: Central Time alignment preferred
Type: Full-time, long-term
Environment: Fast-paced, high-accountability, performance-driven

Application Instructions

Please submit a 1–2 page case study analysis of a residential property, including:

Identification of missing information and how you would obtain it
A complete pro forma with recommended MAO and projected cash-on-cash return
A clear Pass / Keep / Escalate recommendation with justification

Benefits

Paid Time Off (PTO)
Fully remote work setup

Virtual Real Estate Underwriter / Acquisitions Analyst (Remote - US Based)