Commercial Office Building Nation-Wide Financing News – 904-551-6090 + More: German election; More NAFTA and Brexit talks; Tax reform + MORE 09/24/2017

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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.

1. Germany"s election: Angela Merkel is set to win a fourth term as German Chancellor. She went against Martin Schulz of the Social Democratic Party in Sunday"s election.

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President Trump this weekend attacked the National Football League and its players who protest during the national anthem.

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ESPN confronted the politics of Trump and race head-on Sunday.

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Commercial Office Building Nation-Wide Financing News – 904-551-6090 + More: Limited flights resume to battered Puerto Rico + MORE 09/22/2017

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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.

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When you"re making big career decisions, you turn to your mentors and your trusted peers. What steps did they take? How have they done it?

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Coastal cities in California that are vulnerable to flooding caused by climate change are fighting back against Big Oil.

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A handful of flights are returning to Puerto Rico, two days after Hurricane Maria battered the island.

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Commercial Office Building Nation-Wide Financing News – 904-551-6090 + More: Warren Buffett: Dow will hit 1 million in 100 years + MORE 09/20/2017

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Stated Income Options Available

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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.

CVS is upping its commitment to making schools tobacco-free.

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Bill and Melinda Gates want to keep foreign aid flowing from Washington. But with a president that believes in “America First," they"re fighting an uphill battle.

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Warren Buffett isn"t nervous about a stock market bubble. The legendary investor thinks anyone betting against America is “out of their mind."

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Airbnb is moving into the dining space.

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Commercial Office Building Nation-Wide Financing News – 904-551-6090 + More: Boeing flies high. Dow's top stock up 60% this year + MORE 09/18/2017

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Special Purpose Properties!

It is becoming increasingly difficult to get commercial loans for special purpose properties. Properties that do not fall in the categories of apartments or retail/office buildings are often placed in this special purpose classification. This means that business acquisition loans for commercial properties such as restaurants/bars and auto service businesses are frequently hard to find. Commercial financing will be even more difficult to locate for such specialized properties as churches, funeral homes, nursing homes and assisted living facilities.

Boeing may be in a bitter battle with rivals Airbus, Bombardier and Embraer for global domination in the sky, but the airline maker and defense giant is the undisputed king of Wall Street this year. Its stock is in the stratosphere.

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Meghan McCain is in talks to join ABC"s “The View," three people familiar with the matter told CNN.

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Stephen Colbert had the idea to invite Sean Spicer up on stage at the Emmys on Sunday night. He and his producers knew there would be blowback. And there"s been a whole lot.

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Commercial Office Building Nation-Wide Financing News – 904-551-6090 + More: What the Emmys may indicate about the future of TV + MORE 09/16/2017

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Debt Service Coverage Ratio!

The most flexible approach to Debt Service Coverage Ratio for a commercial property loan will require a Debt Service Coverage Ratio in the range of 1 to 1.2, with exceptions permitting a Debt Service Coverage Ratio less than 1.
It is not unusual to encounter a minimum commercial real estate loan requirement of $500,000 to $1,000,000.
Many traditional banks require three to nine months to close a commercial mortgage. A more action-oriented commercial lender will close commercial real estate loans in 45 to 60 days.

When Dr. Sarah Azad followed her mother into the field of obstetrics eight years ago, she thought she"d be in private practice for the rest of her career. At the time, independent practices abounded in Silicon Valley.

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Equifax"s chief information officer and chief security officer are retiring, the company announced Friday.

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Head injuries have plagued the NFL for years. But the helmets that players wear have retained roughly the same design since the 1970s.

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Special counsel Robert Mueller and his team are now in possession of Russian-linked ads run on Facebook during the presidential election, after they obtained a search warrant for the information.

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This year"s Emmys mean more to the future of media than you might think.

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Commercial Office Building Nation-Wide Financing News – 904-551-6090 + More: Time magazine names Edward Felsenthal as top editor + MORE 09/14/2017

Medical Building Loans For HealthCare Professionals- Click Here!

Stated Income Options Available

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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.

Apple"s new iPhone X can be unlocked with a scan of your face. But biometric identification like this raises important questions about privacy and security.

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The U.S. government is investigating the Equifax breach.

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Two days after losing an icon of its newsroom, Time magazine has named a new top editor.

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Commercial Office Building Nation-Wide Financing News – 904-551-6090 + More: Equifax turned its hack into a public relations catastrophe + MORE 09/12/2017

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.

Airports across Florida slowly came back to life Tuesday, two days after Hurricane Irma struck.

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Five days have passed since Equifax revealed a data breach that compromised the personal information of millions of people.

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Commercial Office Building Nation-Wide Financing News – 904-551-6090 + More: Ferrari sells for record $10 million at charity auction + MORE 09/10/2017

Health-Care Office Building Financing – More Info Here!

Stated Income Options Available

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.

The final scheduled flight from Tallahassee International Airport will leave Sunday evening ahead of Hurricane Irma, which is starting to rip its way up the state of Florida.

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1. Hurricane Irma takes a toll: The massive, powerful storm started to make landfall in South Florida on Sunday morning.

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Eric Bolling"s son Eric Chase died on Friday night, just hours after his father lost a high-profile job at the Fox News Channel.

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Saudi Arabia is still planning to sell part of its giant oil company on the stock market next year despite changes to the kingdom"s economic revival plan.

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Commercial Office Building Nation-Wide Financing News – 904-551-6090 + More: Here's what lawyers are telling companies to do about DACA + MORE 09/08/2017

Health-Care Office Building Financing – More Info Here!

Stated Income Options Available

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.

Three Equifax executives sold shares of the credit-reporting company worth nearly $2 million shortly after a massive data breach was discovered. The sales occurred before the company announced the breach to the public on Thursday.

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China is taking a hard line on soft cheese.

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Equifax is offering help for people whose personal information was hacked — but there are big strings attached.

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Business Office Building Financing News – 904-551-6090 + More: Elon Musk predicts World War III + MORE 09/04/2017

Doctor Medical Building Financing – More Info Click Here!

Stated Income Options Available

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Recall/Balloon Features

These terms are used by many banks to effectively shorten most commercial real estate loans to 3-7 years. Short-term loans (less than fifteen years)
15-40 year commercial property loans without recall/balloon features are available. Please note that processing/retainer fees are not included in this discussion of commitment fees. Processing/retainer fees should be viewed as an acceptable and standard business practice when dealing with commercial real estate loans.

The biggest names in business are urging President Trump and Congress to continue a program that protects undocumented immigrants who came to the United States as children.

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Rupert Murdoch is betting big on the future of cricket.

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Elon Musk spent part of his Labor Day weekend tweeting about World War III.

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Boeing is cheering a decision by the World Trade Organization to reverse a ruling that the company received an illegal subsidy to build its 777x jetliner in Washington state.

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