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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.
A New York Times reporter who is well-versed in dealing with anonymous sources and leaking has some advice for journalists: Be more careful.
Winning Powerball ticket sold in California
– rss.cnn.com
Jackpot! A lucky lotto player in California had all the winning numbers after Saturday’s Powerball drawing, lottery officials said.
Qatar hires Bush attorney general for 'crisis response'
– rss.cnn.com
The government of Qatar has hired one of the War on Terror’s legal heavyweights to advise the country on international counter-terrorism finance laws.
Uber could be in for another rough week.
“Wonder Woman” is still wonderful at the box office, but Tom Cruise and “The Mummy” are staggering.