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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.
'Those jobs are gone and they're not coming back'
– rss.cnn.com
President-elect Donald Trump promised to bring jobs back to America’s Rust Belt by getting tough on Mexico and China.
Airlines report problems as booking system goes down
– rss.cnn.com
The computer booking system used by major U.S. airlines malfunctioned Friday, and passengers at several airports reported delays in boarding.
Warren Buffett says economy is weaker than people think
– rss.cnn.com
Warren Buffett is worth $70 billion. He is the second-most wealthiest person in the world. But he recognizes that the growing income inequality gap in the United States is a big problem. And it may have helped Donald Trump defeat Hillary Clinton.
The New York Observer, the weekly, salmon-pink chronicle of New York City’s political, media and business elite, will end its print edition effective immediately, editor-in-chief Ken Kurson told CNNMoney on Friday.
The jaw-dropping numbers behind China's Singles Day
– rss.cnn.com
China’s Singles Day has smashed records yet again.
