Medical Office Building Financing News + More: Roku is planning to file an IPO + MORE 09/02/2017

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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.

The U.S. government has several levers it can pull to ease the pain at the pump caused by Hurricane Harvey.

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Jack Fisher hovered 200 miles above Earth while his family, friends and coworkers were tormented by a gruesome storm.

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Gas prices have spiked yet again and are now up about 24 cents a gallon since Hurricane Harvey struck Texas.

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The creator of ABC’s “The Bachelor” is doing what the reality series does best by building suspense among the show’s loyal viewers.

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