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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.
Storm clouds are gathering over the global economy
– rss.cnn.com
Global engineering and construction firm Bechtel announced plans to relocate its global headquarters from San Francisco to an expanded presence in Reston, Virginia, where the operational headquarters for its nuclear, security and environmental division is based…
Behind the Curtain of Irving's Latest Litigious Battle Over its Entertainment Destination
– costar.com/News
In a lawsuit filed Wednesday, a newly formed group of taxpaying residents in Irving, named Irving Taxpayers Matter, has filed a petition to a Dallas County court in hopes of…
1111 Sunset Blvd. Development Unveiled
– costar.com/News
The 1111 Sunset Boulevard development has been in the planning stages for two years. When completed, it would offer 778 apartments and condominiums in two residential towers, a 98-room hotel and street-level retail, including 75,000 square feet of grocery-anchored…