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Stated Income Loan Programs
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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.
How Russia hacks you
– rss.cnn.com
Institutional Investors Coming Around to Student Housing, Sector Seen as Recession-Resistant Alternative to Apts.
– costar.com/News
Meanwhile, strong levels of US college enrollment and the diminished capacity for cash-strapped public universities to fund new dormitory development due to state budget cuts are creating more opportunities in the student…
U.S. debt to double over the next 30 years
– rss.cnn.com