When The Appraisal Sneezes, The DSCR Catches A Cold
- ricklahkar
- 4 days ago
- 1 min read
Broker: Clear to close Friday Lender: Need refreshed T-12, SNDA, estoppels, and a 'quick' re-underwrite Appraiser: Came in 9% low with comps from a vacant bowling alley 18 miles away š Me at 1:42am: Nudging cap rate 10 bps to keep DSCR alive before rate lock flatlines šµāš«
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