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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.
Trump's first jobs report: 3 things to know
– rss.cnn.com
The Trump economy is here.
Uber CEO drops out of Trump's business advisory council
– rss.cnn.com
In a shocking about face, Uber CEO Travis Kalanick has dropped out of President Trump’s business advisory council.
Nordstrom distances itself from Ivanka Trump brand
– rss.cnn.com
Luxury department store Nordstrom won’t be purchasing products from the Ivanka Trump brand this fall.
Ford ships Raptor pickups to China
– rss.cnn.com
Ford is hoping to claw its way into the Chinese truck market with the Raptor, the performance version of the Michigan-built F-series.
Elon Musk says he will raise objections to President Trump’s controversial immigration order at a meeting at the White House on Friday.