Commercial Real Estate Financing News + More: Elon Musk says he's 'doing good' on Trump's advisory council + MORE 02/05/2017

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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.

Like any college student, Vanessa Ramirez never expected chemotherapy would be part of her busy school schedule.

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Footballs won’t be the only thing flying in Houston this Sunday.

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Elon Musk has gotten flak for his decision to join President Trump’s economic advisory council. But he says it’s better to be on the inside and that he is “doing good” by advising Trump.

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