Cap Rates Catfish, DSCR Ghosts: Landlord Refi Speedrun
- ricklahkar
- Apr 8
- 1 min read
Broker: We can refi at 65% LTV, easy Lender IC: “Define easy” — need 3 years CAM recs, SNDA, estoppels, and your soul Appraiser: Calls it C+ market because Starbucks is 0.3 miles too far Owner/Landlord me: Rebuilds Excel for the 8th time, DSCR still says “bestie, no” 🤡
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