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Updated almost 11 years ago,
Commercial Lending Questions
I know that commercial lending works different that residential mortgages, but my question is more about what these lending institutions are looking at when they are making their decisions.
1. When crunching the numbers, do they put any weight on the numbers for your projected NOI after planned rent increases and expense cuts?
2. What range do they look for in your DSCR?
3. In a new LLC, what do they look at for leverage?
4. What am I missing? :-)
Thanks for the help!