In NYC trying to compare like properties and eliminating co - op debt, co-ops will sell for 60% to 200% of a comparable condo.  

You can easily look them up on https://nmlsconsumeraccess.org/If they are a commercial lender, you may want to check for google reviews

There are 85% LTV DSCR loans but expect a higher rate-sometimes 1% higher for the same borrower profile compared to a 80% LTV.

@Bruce Bennett It's great that you're being cautious when researching DSCR lenders!

The new appraisal just doesn’t make sense, especially when compared to the first one.

Hi Aubrey,International lenders don't exist for real estate in that no lender in one country will give you a mortgage loan in another country.A good service to estimate revenue in Costa Rica or everywhere in the world for that matter is Aidna.

Kathy, check out Anchor Loans as a comparable. 

Hey @Mike Williams, we actually have a lender in our network that can get this done.

If you determine that the numbers look good, make sure to check other sites to see if the comparable property is on multiple sites that may add to the numbers.  

But to your point, a current project I’m about to start, I can tell you I had to push back on ARR as the comps used by lenders were entirely outside of what I’m bringing to market.