Expectation: DSCR 1.30x. Reality: Appraiser Invents 14% 'Market Vacancy'
- ricklahkar
- Aug 5
- 1 min read
Broker: DSCR 1.30x, cap 6.1%, we close Friday Lender: Send estoppels/SNDAs, 3 years of CAMs, and your blood type Appraiser: Adjusted NOI for 'market vacancy,' roof mood swings, and the 1987 grease trap Me at 2:14 AM: color-coding TI/LC and whispering 'please, Phase I, no tanks' š
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