When the T-12 Says 'Trust Me Bro'
Broker: 'Stabilized day one.' Lender: Send T-12, rent roll, and a DSCR that isn’t vibes-based. Me opening Excel: 31 tabs, 9 circular refs, DSCR 1.25 only if TI/LC is a rumor 🧮 Client: Can we shave 75 bps off cap rate and close Friday? Perfect, I'll cure Phase I with a 'trust me bro' affidavit 😂
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