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Stated Income Loan Programs
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.
First Take: CRE Groups, Analysts Offer Initial Reaction to Republican Tax Reform Framework
– costar.com/News
The real estate community has been on edge over rumors the tax plan advanced by Congressional leaders would do away with some of the industry’s favored tax treatments…
CoStar's People of Note (Sept. 29) – C&W Taps Gougarty as Americas Lead, Encore REIS Names Przybyla President and COO…
– costar.com/News
Tom Price, out as Health secretary, worth $14 million
– rss.cnn.com