When the DSCR Says No but the Rent Roll Says YOLO
Broker: Pro forma says 95% occupied, zero delinquencies Lender: Cool cool—send T-12, estoppels, SNDA, and a Phase I that isn’t from 2016 Client: Can we close Friday if we start today Me: DSCR 1.19, roof 1998, CAM “varies”, Excel spinning—still calling it core-plus 🫠
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