When the Appraisal Hits Different and the Lender Stress-Tests My Soul
- ricklahkar
- Jul 1
- 1 min read
Broker: UW at 6 cap, 1.35x DSCR—victory lap Lender: SOFR sneezed, need 1.50x and a fresh T-12 by 4pm Appraiser: Best comp is a 2015 cornfield two counties over—adjusting for ‘vibes’ 🧮 Me to client: We’re still on track, just redefining ‘track’ as theoretical 😵💫🔥
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