Author: brtozone123

Medical Office Building Financing News + More: DHS Secretary: U.S. 'might' expand laptop ban to all international flights + MORE 05/28/2017

brtozone123

Doctor Medical Building Financing – More Info Click Here!

Stated Income Options Available

Call BRT Financial @ 904-551-6090

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 U.S. could dramatically expand a ban on laptops and e-readers in airplane cabins, Department of Homeland Security Secretary John Kelly said Sunday.

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1. Jobs report: On Friday, the Labor Department will reveal how many jobs were added in May.

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Nine days. Zero news conferences.

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Alex Rodriguez, the infamous former Yankee player, has just inked a contributor deal with ABC News, a source familiar with the agreement told CNNMoney.

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A cybersecurity attack that hit most Chipotle restaurants allowed hackers to steal credit card information from customers, the burrito chain confirmed.

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Call BRT Financial @904-551-6090

Stated Income Commercial Financing

Commercial Real Estate Financing News + More: Jobs report; ExxonMobil's big meeting; Earnings season winds down + MORE 05/28/2017

brtozone123

Commercial Real Estate Financing – Click Now!

Stated Income Loan Programs

Call BRT Financial @ 904-551-6090

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.

A cybersecurity attack that hit most Chipotle restaurants allowed hackers to steal credit card information from customers, the burrito chain confirmed.

Continue Reading On rss.cnn.com »

The U.S. could dramatically expand a ban on laptops and e-readers in airplane cabins, Department of Homeland Security Secretary John Kelly said Sunday.

Continue Reading On rss.cnn.com »

Nine days. Zero news conferences.

Continue Reading On rss.cnn.com »

Alex Rodriguez, the infamous former Yankee player, has just inked a contributor deal with ABC News, a source familiar with the agreement told CNNMoney.

Continue Reading On rss.cnn.com »

1. Jobs report: On Friday, the Labor Department will reveal how many jobs were added in May.

Continue Reading On rss.cnn.com »

Call BRT Financial @904-551-6090

Commercial Real Estate Financing

Medical Office Building Financing News + More: Yahoo's top news editor will leave after Verizon sale + MORE 05/27/2017

brtozone123

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.

Nearly 107 million Americans have an auto loan.

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Treasury Secretary Steven Mnuchin’s fiancée will sever ties to the Hollywood business Mnuchin once headed.

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Megan Liberman, the editor-in-chief of Yahoo News, announced Friday that she is leaving the company after the completion of its merger with Verizon.

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Sean Hannity closed perhaps the most controversial week of his broadcasting career by taking a vacation. When he returns to work next week, his prime time Fox News program will have a slightly smaller slate of sponsors.

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Call BRT Financial @904-551-6090

Health-Care Office Building Financing

Commercial Real Estate Financing News + More: Big auto lender only checked 8% of applicants' incomes + MORE 05/27/2017

brtozone123

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.

Sean Hannity closed perhaps the most controversial week of his broadcasting career by taking a vacation. When he returns to work next week, his prime time Fox News program will have a slightly smaller slate of sponsors.

Continue Reading On rss.cnn.com »

Treasury Secretary Steven Mnuchin’s fiancée will sever ties to the Hollywood business Mnuchin once headed.

Continue Reading On rss.cnn.com »

Megan Liberman, the editor-in-chief of Yahoo News, announced Friday that she is leaving the company after the completion of its merger with Verizon.

Continue Reading On rss.cnn.com »

Nearly 107 million Americans have an auto loan.

Continue Reading On rss.cnn.com »

Call BRT Financial @904-551-6090

Commercial Building Financing

Medical Office Building Financing News + More: Top Trump aide: Coal doesn't make 'much sense anymore' + MORE 05/26/2017

brtozone123

Doctor Medical Building Financing – More Info Click Here!

Stated Income Options Available

Call BRT Financial @ 904-551-6090

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.

Uber just lost a powerful ally for getting more women into its workforce.

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Walt Disney World has treated guests to the Tomorrowland, Neverland, and now the famous theme park is inviting fans to visit the land of “Avatar.”

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President Trump has painted himself as the savior of America’s coal industry and the countless miners who have been crushed by its demise.

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Megan Liberman, the editor-in-chief of Yahoo News, announced Friday that she is leaving the company after the completion of its merger with Verizon.

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When Education Secretary Betsy DeVos testified about her department’s budget this week, most of the hearing focused on her school choice proposal.

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Call BRT Financial @904-551-6090

Medical Practice Building Financing

Commercial Real Estate Financing News + More: NYT subscribers dropping paper over climate column + MORE 05/01/2017

brtozone123

Commercial Real Estate Financing – Click Now!

Stated Income Loan Programs

Call BRT Financial @ 904-551-6090

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.

Asking rents in many of New York City’s priciest shopping corridors declined in the first quarter of 2017.

Continue Reading On wsj.com »

1. U.S. government shutdown averted: Lawmakers reached an agreement on a key spending bill late Sunday, avoiding the possibility of a government shutdown.

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Elon Musk’s SpaceX has pushed back its launch of a mysterious satellite for the U.S. intelligence community because of a sensor issue.

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21st Century Fox and the private equity firm Blackstone are in talks to launch a bid for Tribune Media, one of the nation’s largest television broadcasting companies, a source with knowledge of the matter said Sunday.

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After President Trump set off a furor over who should pay for a U.S. missile defense system that’s being installed in South Korea, his national security chief said Washington will pick up the check. For the time being, at least.

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A new columnist at The New York Times and his views on climate change have prompted some readers to cancel their subscriptions in protest.

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Call BRT Financial @904-551-6090

Stated Income Commercial Financing

Medical Office Building Financing News + More: U.S. to South Korea: We'll pay for missile defense system (for now) + MORE 05/01/2017

brtozone123

Medical Office Building Financing – Click Here!

Stated Income Options Available

Call BRT Financial @ 904-551-6090

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.

Elon Musk’s SpaceX has pushed back its launch of a mysterious satellite for the U.S. intelligence community because of a sensor issue.

Continue Reading On rss.cnn.com »

21st Century Fox and the private equity firm Blackstone are in talks to launch a bid for Tribune Media, one of the nation’s largest television broadcasting companies, a source with knowledge of the matter said Sunday.

Continue Reading On rss.cnn.com »

After President Trump set off a furor over who should pay for a U.S. missile defense system that’s being installed in South Korea, his national security chief said Washington will pick up the check. For the time being, at least.

Continue Reading On rss.cnn.com »

1. U.S. government shutdown averted: Lawmakers reached an agreement on a key spending bill late Sunday, avoiding the possibility of a government shutdown.

Continue Reading On rss.cnn.com »

A new columnist at The New York Times and his views on climate change have prompted some readers to cancel their subscriptions in protest.

Continue Reading On rss.cnn.com »

Call BRT Financial @904-551-6090

Commercial Real Estate Financing

Commercial Real Estate Financing News + More: China deports U.S. businesswoman it convicted of spying + MORE 04/30/2017

brtozone123

Doctor Medical Building Financing – More Info Click Here!

Stated Income Loan Programs

Call BRT Financial @ 904-551-6090

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.

An anonymous hacker claims to have stolen the fifth season of Netflix’s hit series “Orange is the New Black” and posted most of it online after the company says it ignored a request for ransom money.

Continue Reading On rss.cnn.com »

“Full Frontal” correspondents Ashley Nicole Black, Amy Hoggart, and Mike Rubens were less than an hour removed from an event that’s been in the works for months, and their joy was still palpable.

Continue Reading On rss.cnn.com »

President Donald Trump may have skipped the White House Correspondents’ Dinner, but Will Ferrell made sure at least one president showed up to Samantha Bee’s “Not the White House Correspondents’ Dinner.”

Continue Reading On rss.cnn.com »

1. More tech earnings: Once again, it’s a big week for tech.

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China has deported an American businesswoman whom it convicted of spying a few days earlier.

Continue Reading On rss.cnn.com »

Call BRT Financial @904-551-6090

Commercial Building Financing

Medical Office Building Financing News + More: A hacker says it has the new season of Netflix's 'Orange is the New Black' + MORE 04/30/2017

brtozone123

Commercial Real Estate Financing – Click Now!

Stated Income Options Available

Call BRT Financial @ 904-551-6090

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.

1. More tech earnings: Once again, it’s a big week for tech.

Continue Reading On rss.cnn.com »

An anonymous hacker claims to have stolen the fifth season of Netflix’s hit series “Orange is the New Black” and posted most of it online after the company says it ignored a request for ransom money.

Continue Reading On rss.cnn.com »

President Donald Trump may have skipped the White House Correspondents’ Dinner, but Will Ferrell made sure at least one president showed up to Samantha Bee’s “Not the White House Correspondents’ Dinner.”

Continue Reading On rss.cnn.com »

“Full Frontal” correspondents Ashley Nicole Black, Amy Hoggart, and Mike Rubens were less than an hour removed from an event that’s been in the works for months, and their joy was still palpable.

Continue Reading On rss.cnn.com »

China has deported an American businesswoman whom it convicted of spying a few days earlier.

Continue Reading On rss.cnn.com »

Call BRT Financial @904-551-6090

Medical Practice Building Financing