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The CRE Humor Jokes

DSCR Said No, LOI Said Yes

ricklahkar
6 days ago
1 min read

Broker: LOI signed, 6-cap, lender greenlit - easy week Lender: After 'final review', DSCR is 1.19 and we need estoppels from everyone including the janitor Appraiser: Adjusted comps... now it's a 7.25 cap because the taco shop next door sneezed 🌮 Me (1 a.m. in Excel): If I move $0.12 from CAM to Other Income, do we live? 😂

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The CRE Humor Jokes

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