When the Appraisal Hits Lower Than My Caffeine Levels
- ricklahkar
- May 20
- 1 min read
Broker: Underwriting says 1.35x DSCR, capex baked, easy close Lender: Need updated T-12, estoppels, ALTA, and your kindergarten report card Appraiser: Two comps had a raccoon tenant, so value is vibes Me at 2:07 a.m.: Rebuilding the model for the 7th time, coffee on my pro forma 🧮
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