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The CRE Humor Jokes

Due Diligence Said 'Quick Look' And Brought A Forklift

Sep 3
1 min read

Broker: DD will be 'light' Lender: Need Phase I, PCA, ALTA, seismic, estoppels, SNDA, and your 3rd grade report card Seller: 'Updated' rent roll named FINAL_FINAL_2019.xlsx 😐 Me: DSCR was 1.35, roof report says 'end-of-life', now it's vibes-only underwriting ā˜ ļø

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