Cap Rate Hunger Games: Broker vs Lender vs Client
- ricklahkar
- May 18
- 1 min read
Broker: We're clear to close Friday Lender: Send clean T-12, rent roll that matches the OM, estoppels, Phase I, and a DSCR >1.20 Client: Can you do 3% fixed, 100% LTC, and seller carry for tax reasons? Me opening the model: 47 tabs, merged cells, circular refs — Underwriting & Excel Crimes 🔥😵💫
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