Clear To Close* (*Until Lender Remembers One More Thing)
- ricklahkar
- Aug 5
- 1 min read
Broker: we’re clear to close Lender: need updated Phase I, roof report, SNDA, and a rent roll signed in blood Appraiser: found a 2019 comp—your cap rate is now “manifesting” Me (landlord): stretching NOI in Excel until DSCR hits 1.2500001 🧮😂
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