My Excel Says The Deal Works (If I Delete Rows 4-200)
- ricklahkar
- Apr 7
- 1 min read
Expectation: Clean underwriting, stable DSCR, lender high-five 🧮 Reality: T-12 reads like hieroglyphics, OM IRR runs on unicorn dust Lender: send the FINAL model | Me: v47_FINAL_FINAL_no-seriously.xlsx 🤡 Excel: circular reference; Debt Yield: circular too; Sponsor: 'conservative' 9% rent growth 🔥
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