We Underwrote at 6 Cap, Appraisal Said 'Cute'
- ricklahkar
- Apr 22
- 1 min read
Broker: DSCR 1.30 at list, lenders will brawl Appraiser: Market cap 7.5, also your Starbucks is a kiosk, not credit Lender: Trimming proceeds 'a smidge' (aka $3M) and want 12 estoppels by Friday Me in Excel: adding $0.37 CAM to NOI like Ozempic for DSCR ššµ
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