We “Closed”... Then the Estoppel Said “New Phone, Who Dis?”
Broker: It’s a simple NNN, Friday close Lender: Cool, just need fresh estoppels, SNDA, and the CAM true-up from 2017 Property Manager: Also COIs expired, HVAC died, roof warranty lives on a floppy disk Client: Can we swap buyers to an LLC created yesterday and still fund by EOD? Me in Excel at 1:37am: if I round NOI harder the cap rate rounds me back 🧮😵💫
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