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The CRE Humor Jokes

Broker Math vs Lender Math vs Reality: The DSCR Hunger Games

Jul 7

1 min read

Broker: Pro forma DSCR 1.35x, cap rate diet, easy close 🤡 Lender: Send T-12, T-3, rent roll, ALTA, Phase I, and proof those other income cells exist Excel: #DIV/0! because taxes reset and payroll grew legs 🧮 Me: Re-trading my own LOI before credit committee does 😬

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The CRE Humor Jokes

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