Appraisal Just Yeeted My DSCR (and My Will to Underwrite)
- ricklahkar
- Jul 9
- 1 min read
Broker: It pencils at 65% LTV and 1.31 DSCR, we’re golden Appraiser: Found a 2015 comp with gravel parking, value down 7% 🤡 Lender: Please add 10% vacancy for market sentiment and resubmit by noon Me: 2am Excel surgery moving $1 from below the line to NOI like a defibrillator 🥲
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