Broker vs Lender vs Client: The 11th-Hour Re-Trade Olympics
Broker: We’re clear to close Friday Lender: IC needs a fresh Phase I, a new rent roll, and proof DSCR is 1.35 on a rainy Tuesday Client: Also can we add a drive-thru, 3 months free, and a 7% price cut? Me: Re-underwriting for the 19th time while whispering “market comp” into my Excel 🥲
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