The LOI Said 60 Days, The PSA Said LOL
Client: We need 75% LTV Lender: Perfect—after our 'final-final' credit call, it’s 62% and full recourse Appraiser: Value came in 11% low; best comp is a barn with WiFi Me at 2:03am: Moving $87 from repairs to 'other income' to hit 1.25x DSCR 😵💫
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