Excel Promised a 6 Cap, Lender Said lol — My DSCR Left the Building
- ricklahkar
- Apr 22
- 1 min read
Broker: It’s a clean 6 cap, light value-add Lender: After T-12/T-3 and a vibes check, it’s 4.1 with rollover, tax escrow, and a rate cap Excel: Circular reference detected; DSCR has left the chat 🧮🤡 Client: Close Friday? Me: Sure—once Phase I stops yelling "REC" and the roof escrow stops multiplying
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