Broker Math vs Lender Math: DSCR Cage Match
- ricklahkar
- 4 days ago
- 1 min read
Broker: It's 95% occupied, easy 6-cap Lender: Cool—need T-12, rent roll, estoppels, PFS, and your soul Appraiser: 2019 comps + 'market headwinds' = value minus hope Me: Adding tab 27 'magical add-backs' so DSCR limps to 1.25 🧮😅
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