no income check commercial real estate financing

Medical Office Building Financing News + More: Credit Suisse is raising $4 billion + MORE 04/26/2017

brtozone123

Doctor Medical Building Financing – More Info Click Here!

Stated Income Options Available

Call BRT Financial @ 904-551-6090

Recall/Balloon Features

These terms are used by many banks to effectively shorten most commercial real estate loans to 3-7 years. Short-term loans (less than fifteen years)
15-40 year commercial property loans without recall/balloon features are available. Please note that processing/retainer fees are not included in this discussion of commitment fees. Processing/retainer fees should be viewed as an acceptable and standard business practice when dealing with commercial real estate loans.

Credit Suisse plans to raise $4 billion to help rebuild its finances after two years of layoffs and losses.

Continue Reading On rss.cnn.com »

1. Tax plan: President Trump plans to present his new tax plan on Wednesday.

Continue Reading On rss.cnn.com »

Citigroup is making a comeback in Saudi Arabia, this time with a woman in charge.

Continue Reading On rss.cnn.com »

Pro tip for countries looking to keep their tourism numbers up: Don’t annoy China.

Continue Reading On rss.cnn.com »

Who’s really going to end up paying for the new Trump tax on Canadian lumber? New home buyers in the U.S.

Continue Reading On rss.cnn.com »

Call BRT Financial @904-551-6090

Commercial Building Financing

Commercial Real Estate Financing News + More: RLJ Lodging and FelCor Merging in $1.2 Billion Deal + MORE 04/25/2017

brtozone123

Doctor Medical Building Financing – More Info Click Here!

Stated Income Loan Programs

Call BRT Financial @ 904-551-6090

Recall/Balloon Features

These terms are used by many banks to effectively shorten most commercial real estate loans to 3-7 years. Short-term loans (less than fifteen years)
15-40 year commercial property loans without recall/balloon features are available. Please note that processing/retainer fees are not included in this discussion of commitment fees. Processing/retainer fees should be viewed as an acceptable and standard business practice when dealing with commercial real estate loans.

1. Nasdaq approaches 6,000: A banner day for U.S. stocks on Monday pushed the Nasdaq to within striking distance of 6,000 points.

Continue Reading On rss.cnn.com »

FelCor Lodging Trust Inc. (NYSE:FCH) has agreed to merge with and become a wholly-owned subsidiary of RLJ Lodging Trust (NYSE:RLJ) in an all-stock transaction.

Under the deal, each FelCor share will be converted into 0.362 shares of newly issued shares of RLJ common stock in a taxable merger. The combination is expected to give RLJ a post-merger pro forma equity market capitalization of $4…

Continue Reading On costar.com/News »

Ten days after Sheryl Sandberg’s husband died unexpectedly, she returned to work at Facebook.

Continue Reading On rss.cnn.com »

President Trump says he wants new United Nations sanctions on North Korea, calling the country “a real threat to the world.”

Continue Reading On rss.cnn.com »

In many ways, the health care industry has been a great friend to the U.S. economy. Its plentiful jobs helped lift the country out of the Great Recession and, partly due to the Affordable Care Act, it now employs one in nine Americans ? up from one in 12 in 2000.

Continue Reading On rss.cnn.com »

Read full story for latest details.

Continue Reading On rss.cnn.com »

Call BRT Financial @904-551-6090

Health-Care Office Building Financing

Medical Office Building Financing News + More: 'Carpool Karaoke' fans kept waiting for Apple series + MORE 04/25/2017

brtozone123

Doctor Medical Building Financing – More Info Click Here!

Stated Income Options Available

Call BRT Financial @ 904-551-6090

Recall/Balloon Features

These terms are used by many banks to effectively shorten most commercial real estate loans to 3-7 years. Short-term loans (less than fifteen years)
15-40 year commercial property loans without recall/balloon features are available. Please note that processing/retainer fees are not included in this discussion of commitment fees. Processing/retainer fees should be viewed as an acceptable and standard business practice when dealing with commercial real estate loans.

Ten days after Sheryl Sandberg’s husband died unexpectedly, she returned to work at Facebook.

Continue Reading On rss.cnn.com »

President Trump says he wants new United Nations sanctions on North Korea, calling the country “a real threat to the world.”

Continue Reading On rss.cnn.com »

In many ways, the health care industry has been a great friend to the U.S. economy. Its plentiful jobs helped lift the country out of the Great Recession and, partly due to the Affordable Care Act, it now employs one in nine Americans ? up from one in 12 in 2000.

Continue Reading On rss.cnn.com »

1. Nasdaq approaches 6,000: A banner day for U.S. stocks on Monday pushed the Nasdaq to within striking distance of 6,000 points.

Continue Reading On rss.cnn.com »

Read full story for latest details.

Continue Reading On rss.cnn.com »

Call BRT Financial @904-551-6090

Health-Care Office Building Financing

Medical Office Building Financing News + More: French election rally; China stocks plunge; Oil stabilizes + MORE 04/24/2017

brtozone123

Medical Office Building Financing – Click Here!

Stated Income Options Available

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.

1. French election rally: The euro surged 1.2% against the dollar on Monday after pro-European reformer Emmanuel Macron emerged as the front runner to become the next French president.

Continue Reading On rss.cnn.com »

Read full story for latest details.

Continue Reading On rss.cnn.com »

The fight over Obamacare’s future is now threatening to shut down the federal government.

Continue Reading On rss.cnn.com »

It’s the ultimate Jimmy Choo sale.

Continue Reading On rss.cnn.com »

Even top tech executives think they could be replaced by robots one day.

Continue Reading On rss.cnn.com »

Call BRT Financial @904-551-6090

Stated Income Commercial Financing

Commercial Real Estate Financing News + More: Square Feet: ‘A Different Los Angeles’: The City Moves to Alter Its Sprawling Image + MORE 04/24/2017

brtozone123

Medical Building Loans For HealthCare Professionals- Click Here!

Stated Income Loan Programs

Call BRT Financial @ 904-551-6090

Sourcing And Seasoning Assets. Seasoning of Ownership!

This particular problem will not be relevant to all business borrowers. However, if it is relevant, you should seek out a lender without sourcing and seasoning requirements or limitations. Most banks have strict guidelines for sourcing and seasoning of assets or ownership to qualify for commercial real estate loans. For a purchase, commercial lenders will frequently want documentation about where the down payment is coming from (sourcing). Commercial lenders will also frequently have very specific requirements stipulating that the funds must have been in a specific account for a specific period of time, often 3-6 months or longer (seasoning). Seasoning of ownership is similar to seasoning of funds, except this requirement involves the minimum time someone has owned a commercial property before they can refinance the property.

1. French election rally: The euro surged 1.2% against the dollar on Monday after pro-European reformer Emmanuel Macron emerged as the front runner to become the next French president.

Continue Reading On rss.cnn.com »

It’s the ultimate Jimmy Choo sale.

Continue Reading On rss.cnn.com »

Global retail landlord Gazit-Globe is planning to open a private U.S. subsidiary to invest in real estate in New York and other major metropolitan areas, the company said.

Continue Reading On wsj.com »

Even top tech executives think they could be replaced by robots one day.

Continue Reading On rss.cnn.com »

The fight over Obamacare’s future is now threatening to shut down the federal government.

Continue Reading On rss.cnn.com »

After voters defeated a measure that would have curtailed construction, the city’s future looks much denser.

Continue Reading On nytimes.com/services »

Call BRT Financial @904-551-6090

Stated Income Commercial Financing

Commercial Real Estate Financing News + More: See the view from SpaceX's historic mission + MORE 04/23/2017

brtozone123

Commercial Real Estate Financing – Click Now!

Stated Income Loan Programs

Call BRT Financial @ 904-551-6090

Special Purpose Properties!

It is becoming increasingly difficult to get commercial loans for special purpose properties. Properties that do not fall in the categories of apartments or retail/office buildings are often placed in this special purpose classification. This means that business acquisition loans for commercial properties such as restaurants/bars and auto service businesses are frequently hard to find. Commercial financing will be even more difficult to locate for such specialized properties as churches, funeral homes, nursing homes and assisted living facilities.

United Airlines says its CEO, Oscar Munoz, will not take broader control of the company as previously planned, after a high profile incident that damaged the company’s reputation.

Continue Reading On rss.cnn.com »

This week it was Bebe. Last month it was Staples. In February it was JCPenney.

Continue Reading On rss.cnn.com »

Limiting the number of foreign doctors who can get visas to practice in the United States could have a significant impact on certain hospitals and states that rely on them, according to a new study.

Continue Reading On rss.cnn.com »

Apple is producing more than 200 million electronic devices each year. And making all those iPhones, MacBooks and tablets takes an enormous amount of energy.

Continue Reading On rss.cnn.com »

SpaceX celebrated Earth Day by revealing a stunning photograph of the Earth captured during the company’s historic launch last month.

Continue Reading On rss.cnn.com »

Call BRT Financial @904-551-6090

Stated Income Commercial Financing

Medical Office Building Financing News + More: See the view from SpaceX's historic mission + MORE 04/23/2017

brtozone123

Commercial Real Estate Financing – Click Now!

Stated Income Options Available

Call BRT Financial @ 904-551-6090

Special Purpose Properties!

It is becoming increasingly difficult to get commercial loans for special purpose properties. Properties that do not fall in the categories of apartments or retail/office buildings are often placed in this special purpose classification. This means that business acquisition loans for commercial properties such as restaurants/bars and auto service businesses are frequently hard to find. Commercial financing will be even more difficult to locate for such specialized properties as churches, funeral homes, nursing homes and assisted living facilities.

Apple is producing more than 200 million electronic devices each year. And making all those iPhones, MacBooks and tablets takes an enormous amount of energy.

Continue Reading On rss.cnn.com »

Limiting the number of foreign doctors who can get visas to practice in the United States could have a significant impact on certain hospitals and states that rely on them, according to a new study.

Continue Reading On rss.cnn.com »

This week it was Bebe. Last month it was Staples. In February it was JCPenney.

Continue Reading On rss.cnn.com »

United Airlines says its CEO, Oscar Munoz, will not take broader control of the company as previously planned, after a high profile incident that damaged the company’s reputation.

Continue Reading On rss.cnn.com »

SpaceX celebrated Earth Day by revealing a stunning photograph of the Earth captured during the company’s historic launch last month.

Continue Reading On rss.cnn.com »

Call BRT Financial @904-551-6090

Commercial Building Financing

Medical Office Building Financing News + More: United Airlines CEO Oscar Munoz won't be promoted to chairman + MORE 04/22/2017

brtozone123

Health-Care Office Building Financing – More Info Here!

Stated Income Options Available

Call BRT Financial @ 904-551-6090

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.

Read full story for latest details.

Continue Reading On rss.cnn.com »

The Trump administration has denied ExxonMobil permission to bypass sanctions to drill for oil in Russia.

Continue Reading On rss.cnn.com »

President Trump is taking steps to keep his word to “do a big number” on the 2010 Dodd-Frank financial reform law.

Continue Reading On rss.cnn.com »

Raquel Lucente’s parents always expected her to become a lawyer. When she went to work at a little company called Facebook they were completely confused.

Continue Reading On rss.cnn.com »

United Airlines says its CEO, Oscar Munoz, will not take broader control of the company as previously planned, after a high profile incident that damaged the company’s reputation.

Continue Reading On rss.cnn.com »

Call BRT Financial @904-551-6090

Commercial Building Financing

Commercial Real Estate Financing News + More: Facebook shows teens that coding is cool + MORE 04/22/2017

brtozone123

Health-Care Office Building Financing – More Info Here!

Stated Income Loan Programs

Call BRT Financial @ 904-551-6090

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 Trump administration has denied ExxonMobil permission to bypass sanctions to drill for oil in Russia.

Continue Reading On rss.cnn.com »

United Airlines says its CEO, Oscar Munoz, will not take broader control of the company as previously planned, after a high profile incident that damaged the company’s reputation.

Continue Reading On rss.cnn.com »

Raquel Lucente’s parents always expected her to become a lawyer. When she went to work at a little company called Facebook they were completely confused.

Continue Reading On rss.cnn.com »

President Trump is taking steps to keep his word to “do a big number” on the 2010 Dodd-Frank financial reform law.

Continue Reading On rss.cnn.com »

Read full story for latest details.

Continue Reading On rss.cnn.com »

Call BRT Financial @904-551-6090

Health-Care Office Building Financing

Commercial Real Estate Financing News + More: Dodd-Frank in Trump's sights ahead of Friday Treasury meeting + MORE 04/21/2017

brtozone123

Medical Building Loans For HealthCare Professionals- Click Here!

Stated Income Loan Programs

Call BRT Financial @ 904-551-6090

Sourcing And Seasoning Assets. Seasoning of Ownership!

This particular problem will not be relevant to all business borrowers. However, if it is relevant, you should seek out a lender without sourcing and seasoning requirements or limitations. Most banks have strict guidelines for sourcing and seasoning of assets or ownership to qualify for commercial real estate loans. For a purchase, commercial lenders will frequently want documentation about where the down payment is coming from (sourcing). Commercial lenders will also frequently have very specific requirements stipulating that the funds must have been in a specific account for a specific period of time, often 3-6 months or longer (seasoning). Seasoning of ownership is similar to seasoning of funds, except this requirement involves the minimum time someone has owned a commercial property before they can refinance the property.

Blackstone’s non-traded REIT, Blackstone Real Estate Income Trust, this week added another portfolio to its growing property stockpile.

The REIT’s latest acquisition is a six million-square-foot portfolio of predominantly infill industrial assets it purchased from affiliates of High Street Realty Co…

Continue Reading On costar.com/News »

Apartment profits continued their string of strong performances last year, according to the latest full-year financial data collected on hundreds of thousands of multifamily units.

The combined 2016 net operating income at 4,362 conventional multifamily complexes reporting year-end numbers totaled $5…

Continue Reading On costar.com/News »

President Trump and Commerce Secretary Wilbur Ross have a message for big American steel companies. We’ll protect you.

Continue Reading On rss.cnn.com »

Heavy equipment manufacturer Caterpillar Inc. (NYSE: CAT) announced Wednesday it will relocate to Chicago’s suburbs, opting to move its global headquarters to the northern Chicago suburb of Deerfield over several downtown options after more than 90 years being based in the heart of the state in Peoria, IL…

Continue Reading On costar.com/News »

President Donald Trump is planning to take the next step Friday in his steady attack over the 2010 Dodd-Frank financial reform law.

Continue Reading On rss.cnn.com »

Reflecting what one real estate economist described as an overall sentiment of “restrained optimism,” the latest ULI Real Estate Consensus Forecast sees a more modest rate of commercial real estate transaction from the frenzied pace seen in recent years, and a gradual slowing but still increases in rental rates, occupancy and pricing through 2019…

Continue Reading On costar.com/News »

Call BRT Financial @904-551-6090

Stated Income Commercial Financing