Appraisal Came In: My Pro Forma Is Now Fan Fiction
- ricklahkar
- Jun 19
- 1 min read
Broker: 65% LTV on the term sheet š Appraiser: 2017 comps, cap rate from Narnia; value -11% Lender: DSCR thināadd recourse or a co-signer with a pulse Me at 2am: moving $0.09 to Other Income; deal resurrects after a 50 bps haircut š
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