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The CRE Humor Jokes

When DSCR Says Yes But the Rent Roll Says New Phone Who Dis

Broker: DSCR is 1.25x, victory lap engaged šŸ Lender: After taxes, reserves, TI/LC, and market vibes... 0.98x Appraiser: Value is strong—subject to new roof, 20 parking stalls, and a time machine Title: Also there’s a 1979 cattle-path easement through your dock, nbd Client: 1031 closes Friday right? Me: opening Excel, summoning estoppels, and a miracle 🧮

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Broker vs Lender vs Appraiser: The DSCR Hunger Games

Broker: DSCR pencils at 1.35 easy Lender: After one tiny stress test it's 1.19 and your LTV is vibes Client: Can we close Friday? Appraiser: Comped your Class A to a llama barn 40 miles away šŸ“‰ Me at

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