DSCR Says Yes, Appraisal Says LOL
- ricklahkar
- Apr 11
- 1 min read
Broker: DSCR pencils at 1.30x Lender: Send T-12, rent roll, estoppels, and your blood type Appraiser: Using 2015 comps—subject is “functionally quaint” 😵💫 Client: Why is value -12%? Me: Roof is 1987, tenants are vibes, and it’s 2024 🧮🏚️
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