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The CRE Humor Jokes

Pro Forma Says 7-Cap; Underwriting Says LOL DSCR

Aug 30

1 min read

Broker: Clean 7-cap, 30-day close, seller 'motivated' Lender: Need T-12, rent roll, estoppels, SNDAs, Phase I, and your 5th grade report card Appraiser: Used 2019 comps and labeled the roof "deferred skylight" 😂 Me at 1:37 AM: V47 Excel = 1.26 DSCR; reality = "hello re-trade" 🔥

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The CRE Humor Jokes

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