Broker: CTC. Lender: One more doc. Appraiser: Hold my cap rate.
- ricklahkar
- 17 hours ago
- 1 min read
Broker: We’re 30 days from CTC Lender: Need estoppels, SNDA, fresh ALTA, and Phase I found a vintage dry cleaner 🧯 Client: If we switch to a DST and tack on a 1031, can we still close Friday? Me in Excel: DSCR 1.25; Lender: I’m getting 1.24; rate lock: not today 😵💫 Appraiser: Value -7% for market headwinds; Me: renaming Final_v19_REALFINAL.xlsx again
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