When working on bridge or construction deals where you're projecting a future stabilized LTV, I recommend creating a matrix showing the range of potential outcomes based on various rents and cap rates. The reality is the future is uncertain, and it's far easier for lenders to get comfortable if they can see they're still protected in a downside scenario. If it'd be helpful to see a video showing how to create this in Excel, please let me know and I'll pull it together.