Broker Said 'Easy Close'—Universe Said 'Hold My Estoppel'
- ricklahkar
- Jul 6
- 1 min read
Broker: LOI signed, seller “flexible” on repairs Lender: Need updated T-12, real NOI, 12 estoppels, Phase I addendum, and a DSCR that doesn’t cry Client: Zillow says it’s worth more Me: Appraisal light, cap hit 7.1%, co-tenancy ticking, springing cash mgmt added at 4:59pm 😵💫
.png)

Comments