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The CRE Humor Jokes

DSCR 1.25? Cool—Now Do It Without Income

ricklahkar
Jul 16
1 min read

Broker: Stabilized at 95%! Me: Awesome—send rent roll. Rent Roll: 17 suites; 9 M2M; 3 free rent; 1 tenant = owners dog-wash LLC; CAM varies. Lender: DSCR 1.25; also Lender: exclude 40% income, add new roof/parking lot/asteroid reserves 😂 Title at closing: surprise 1973 gasoline easement + bowling alley covenant; me re-trading myself 😵‍💫

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The CRE Humor Jokes

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