Medical Office Building Financing News + More: Starbucks CEO Howard Schultz: My job is to revive the American Dream + MORE 02/04/2017

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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.

Boeing’s $8 billion deal to sell 80 jets to Iran Air was already in trouble before President Trump took office. Now it’s even more in doubt.

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The pace of Obamacare sign-ups slowed in the final days of open enrollment last month, as the Trump administration repeatedly blasted the law and pulled ads reminding procrastinators of the January 31 deadline.

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In 1963, a young boy from the Brooklyn housing projects took a trip with his aunt to see The Radio City Rockettes. It would change his life forever.

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Imagine this: It’s fourth and two, the Atlanta Falcons are on their own 45-yard line in this weekend’s Super Bowl. It’s late in the game, and the New England Patriots are up six. Should the Falcons go for it to keep their drive alive or give the ball back to Tom Brady and hope for a stop?

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