When DSCR Is 1.24x and Credit Committee Wants Proof of Immortality
- ricklahkar
- Jul 5
- 1 min read
Broker: Clear to close Friday Lender IC: Need fresh estoppels, SNDA, ALTA 3.1, and a roof report from the future Client: Can we pull $500k cash-out and keep the cap at 4? Me opening Excel: Adds $18 'other income — vending machine' to squeak 1.25x DSCR 😵💫
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