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Stated Income Loan Programs
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.
Taubman Board Nominees Prevail in Proxy Challenge by Activist REIT Group
– costar.com/News
The mall REIT’s proxy solicitor advised that, according to preliminary results of the annual election, shareholders voted to elect Taubman, Cia Buckley Marakovits…
Elon Musk to Trump: You quit Paris, so I quit you
– rss.cnn.com
'Biggest U.S. foreign policy error since Iraq War'
– rss.cnn.com
Grow Mas: Taco Bell Ringing Up Domestic Expansion Plans
– costar.com/News
All three are restaurant brands of Louisville-based Yum! Brands (NYSE: YUM). But while KFC and Pizza Hut are shrinking their real estate footprint at home, Taco Bell this past week outlined plans to grow the chain both here and abroad, with the goal…
SpaceX delays historic launch of a used spacecraft
– rss.cnn.com
As Consumers Do More Shopping at Convenience Stores, Investors Take Note
– costar.com/News
The Association for Convenience and Fuel Retailing (NACS) reports the number of c-stores in the country increased 0…