Medical Office Building Financing News + More: 41% of U.S. adults have been harassed online + MORE 07/11/2017

Medical Building Loans For HealthCare Professionals- Click Here!

Stated Income Options Available

Call BRT Financial @ 904-551-6090

Sourcing And Seasoning Assets. Seasoning of Ownership!

This particular problem will not be relevant to all business borrowers. However, if it is relevant, you should seek out a lender without sourcing and seasoning requirements or limitations. Most banks have strict guidelines for sourcing and seasoning of assets or ownership to qualify for commercial real estate loans. For a purchase, commercial lenders will frequently want documentation about where the down payment is coming from (sourcing). Commercial lenders will also frequently have very specific requirements stipulating that the funds must have been in a specific account for a specific period of time, often 3-6 months or longer (seasoning). Seasoning of ownership is similar to seasoning of funds, except this requirement involves the minimum time someone has owned a commercial property before they can refinance the property.

Paris and Los Angeles are probably getting the Summer Olympics for 2024 and 2028. It"s just not clear which city will host in which year.

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Bosses and CEOs have complained for years that they can"t find skilled workers for open jobs.

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Cyberbullying continues to be a major problem. In fact, four in ten U.S. adults say they"ve been harassed online.

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A trickle of foreign investment into Iran"s oil industry could turn into a flood over the next five years.

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Commercial Real Estate Financing News + More: 41% of U.S. adults have been harassed online + MORE 07/11/2017

Health-Care Office Building Financing – More Info Here!

Stated Income Loan Programs

Call BRT Financial @ 904-551-6090

Tax Returns versus Stated Income!

Most traditional banks will require several years of tax returns in order to qualify for a commercial real estate loan. The alternative is to use a Stated Income lender that does not verify personal income or assets. Many borrowers will simply not qualify for a commercial mortgage loan if tax returns are used due to high business expenses (and low net income). Many lenders using tax returns will also continue to verify income after the loan closes. Stated Income lenders will not engage in this practice.

Cyberbullying continues to be a major problem. In fact, four in ten U.S. adults say they"ve been harassed online.

Continue Reading On rss.cnn.com »

Paris and Los Angeles are probably getting the Summer Olympics for 2024 and 2028. It"s just not clear which city will host in which year.

Continue Reading On rss.cnn.com »

Bosses and CEOs have complained for years that they can"t find skilled workers for open jobs.

Continue Reading On rss.cnn.com »

A trickle of foreign investment into Iran"s oil industry could turn into a flood over the next five years.

Continue Reading On rss.cnn.com »

After reaching an impasse to take over its largest tenant, Quality Care Properties (NYSE: QCP) has now given troubled skilled nursing center operator HCR ManorCare Inc. until the end of the week to pay off $79.6 million in past due rent.

Failure to do so “will constitute an event of default requiring the immediate payment of an additional approximately $265 million of deferred rent obligations and permit the QCP lessors to terminate the master…

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