Appraisal Says 'Maybe', Lender Says 'No', Excel Says 'Fatal Error'
- ricklahkar
- Jun 1
- 1 min read
Broker: Proforma DSCR 1.35 - slam dunk Lender: Cool, send T-12, T-3, rent roll, estoppels, SNDA, Phase I, and your 5th grade GPA Appraiser: Value supported... if we cap 'wishful thinking' at 3% š Client: Why did rate pop 75 bps and LTV ghost me? Me: Treasury sneezed, insurance doubled, taxes reset, Excel threw #DIV/0! š§®
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