no income check commercial real estate financing

Medical Office Building Financing News + More: Mark Zuckerberg criticizes Trump on immigration + MORE 01/28/2017

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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.

A ticket selling scam featuring the Broadway hit “Hamilton” — where resold tickets can go for thousands of dollars — bilked investors out of tens of millions of dollars, a federal complaint charged Friday.

Continue Reading On rss.cnn.com »

Mark Zuckerberg has decided to speak up against President Trump.

Continue Reading On rss.cnn.com »

Billionaire buddies Warren Buffett and Bill Gates held court at a Q&A hosted at Columbia Business School Friday.

Continue Reading On rss.cnn.com »

Look around, look around because Angelica, Eliza… and Peggy are going to the Super Bowl.

Continue Reading On rss.cnn.com »

It’s an unlikely friendship.

Continue Reading On rss.cnn.com »

Call BRT Financial @904-551-6090

Medical Practice Building Financing

Commercial Real Estate Financing News + More: CoStar's People of Note (Jan. 27) – CBRE Names New Presidents for Three Major US Divisions + MORE 01/28/2017

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.

Billionaire buddies Warren Buffett and Bill Gates held court at a Q&A hosted at Columbia Business School Friday.

Continue Reading On rss.cnn.com »

Mark Zuckerberg has decided to speak up against President Trump.

Continue Reading On rss.cnn.com »

Look around, look around because Angelica, Eliza… and Peggy are going to the Super Bowl.

Continue Reading On rss.cnn.com »

It’s time to update those contact managers with CoStar’s People of Note, reporting news on significant new CRE hires and promotions. This week’s issue includes the following markets: Chicago, South Florida, Minneapolis / St. Paul, Tampa / St. Petersburg, Atlanta, Dallas / Ft. Worth, St. Louis, Washington DC, Phoenix / Tucson, New York City, Northern California, Ohio, Southern California, Texas more!
CBRE Names New Top Managers for Three US Divisions
By…

Continue Reading On costar.com/News »

A ticket selling scam featuring the Broadway hit “Hamilton” — where resold tickets can go for thousands of dollars — bilked investors out of tens of millions of dollars, a federal complaint charged Friday.

Continue Reading On rss.cnn.com »

It’s an unlikely friendship.

Continue Reading On rss.cnn.com »

Call BRT Financial @904-551-6090

Stated Income Commercial Financing

Medical Office Building Financing News + More: What you need to know about Steve Bannon, Trump's chief strategist + MORE 11/14/2016

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.

Conservative radio talk show host Laura Ingraham’s next microphone could be behind the White House press briefing room podium.

Continue Reading On rss.cnn.com »

Gwen Ifill, the veteran journalist and newscaster who co-anchored “PBS NewsHour,” has died, PBS said Monday.

Continue Reading On rss.cnn.com »

A leading choice to be Donald Trump’s Treasury secretary is a campaign fundraiser and ex-banker who profited from both the housing meltdown and Bernie Madoff’s ponzi scheme.

Continue Reading On rss.cnn.com »

After years operating on the far-right fringe of American politics, Steve Bannon will now be one of the most influential members of Donald Trump’s White House.

Continue Reading On rss.cnn.com »

I will always regret not grabbing the reporter’s notebooks that belonged to Gwen Ifill.

Continue Reading On rss.cnn.com »

Call BRT Financial @904-551-6090

Health-Care Office Building Financing

Commercial Real Estate Financing News + More: Office Lease Up (November 14) Select Comfort Leases 211,000 SF at AMEX Minneapolis + MORE 11/14/2016

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.

A leading choice to be Donald Trump’s Treasury secretary is a campaign fundraiser and ex-banker who profited from both the housing meltdown and Bernie Madoff’s ponzi scheme.

Continue Reading On rss.cnn.com »

Sterling Equities sold the Park Tower office building at 400 N. Tampa St. in Tampa, FL for $79.75 million, or about $169 per square foot, to a joint-venture consisting of affiliates of City Office REIT, Inc. (NYSE: CIO), Feldman Equities Management and Tower Realty Partners.

The seller acquired the asset in 2006 from Colonnade Properties LLC for $50 million ($106 pSF), according to CoStar data…

Continue Reading On costar.com/News »

After years operating on the far-right fringe of American politics, Steve Bannon will now be one of the most influential members of Donald Trump’s White House.

Continue Reading On rss.cnn.com »

Select Comfort, the manufacturers of Sleep Number beds, has signed a new office lease for 211,000 square feet in the AMEX Minneapolis office building at 1001 S. 3rd Ave. in Minneapolis, MN.

The tenant plans to relocate its headquarters from suburban Plymouth, MN in October 2017 to this downtown facility…

Continue Reading On costar.com/News »

Conservative radio talk show host Laura Ingraham’s next microphone could be behind the White House press briefing room podium.

Continue Reading On rss.cnn.com »

American Apparel, one of the largest apparel manufacturers in North America and with 110 retail stores in the U.S., has filed for bankruptcy reorganization for the second time in a year.

Following emergence from its first Chapter 11 filing early this year, the company has continued to face persistent and widespread unfavorable market conditions and its turnaround strategy has failed, according to Mark Weinsten, chief restructuring officer for American…

Continue Reading On costar.com/News »

Call BRT Financial @904-551-6090

Commercial Building Financing

Medical Office Building Financing News + More: Brian Stelter: Journalists must make time for 'soul searching' after election + MORE 11/13/2016

brtozone123

Medical Building Loans For HealthCare Professionals- Click Here!

Stated Income Options Available

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.

President-elect Donald Trump is continuing his battle with one of the country’s biggest news outlets, the New York Times.

Continue Reading On rss.cnn.com »

Online shoppers in the Middle East are about to get more choice.

Continue Reading On rss.cnn.com »

Carl Icahn is a vocal supporter of Donald Trump, but he doesn’t see eye-to-eye with all of his policies.

Continue Reading On rss.cnn.com »

CNN’s Brian Stelter says journalists “will have to reckon with” the media coverage of this year’s presidential election.

Continue Reading On rss.cnn.com »

About five years ago, a series of tragedies had left the residents of Santa Monica, California, on edge. In the months that followed, city officials sought ways to bolster the community.

Continue Reading On rss.cnn.com »

Call BRT Financial @904-551-6090

Health-Care Office Building Financing

Commercial Real Estate Financing News + More: Saudi Arabia and Burj Khalifa developer launch Gulf answer to Amazon + MORE 11/13/2016

brtozone123

Medical Office Building Financing – Click Here!

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.

CNN’s Brian Stelter says journalists “will have to reckon with” the media coverage of this year’s presidential election.

Continue Reading On rss.cnn.com »

About five years ago, a series of tragedies had left the residents of Santa Monica, California, on edge. In the months that followed, city officials sought ways to bolster the community.

Continue Reading On rss.cnn.com »

Online shoppers in the Middle East are about to get more choice.

Continue Reading On rss.cnn.com »

Carl Icahn is a vocal supporter of Donald Trump, but he doesn’t see eye-to-eye with all of his policies.

Continue Reading On rss.cnn.com »

President-elect Donald Trump is continuing his battle with one of the country’s biggest news outlets, the New York Times.

Continue Reading On rss.cnn.com »

Call BRT Financial @904-551-6090

Medical Practice Building Financing

Medical Office Building Financing News + More: Russell Simmons aiding digital diversity + MORE 11/12/2016

brtozone123

Medical Building Loans For HealthCare Professionals- Click Here!

Stated Income Options Available

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.

Diane Guerrero, an actress who became an outspoken advocate for immigration reform after her undocumented parents were deported, published a tough missive Friday vowing to battle President-elect Donald Trump’s anti-immigrant plans.

Continue Reading On rss.cnn.com »

Programmers are in hot demand. Tech companies are especially eager to grab talent as fast as they can find it.

Continue Reading On rss.cnn.com »

President-elect Donald Trump is giving control of his sprawling business network to his children as he prepares to assume the presidency.

Continue Reading On rss.cnn.com »

ESPN is back in the good graces of Dallas Mavericks owner Mark Cuban.

Continue Reading On rss.cnn.com »

Russell Simmons is a pioneer in creating content for and about the underserved — and he sees no reason to stop now.

Continue Reading On rss.cnn.com »

Call BRT Financial @904-551-6090

Commercial Real Estate Financing

Commercial Real Estate Financing News + More: Clicks to Bricks: Online Retailers Find the Lure of a Store + MORE 11/12/2016

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.

ESPN is back in the good graces of Dallas Mavericks owner Mark Cuban.

Continue Reading On rss.cnn.com »

Diane Guerrero, an actress who became an outspoken advocate for immigration reform after her undocumented parents were deported, published a tough missive Friday vowing to battle President-elect Donald Trump’s anti-immigrant plans.

Continue Reading On rss.cnn.com »

An age of online shopping has, surprisingly, led to an exciting time for shoppers to get back out onto city streets to explore new, innovative shops.

Continue Reading On nytimes.com/services »

Programmers are in hot demand. Tech companies are especially eager to grab talent as fast as they can find it.

Continue Reading On rss.cnn.com »

President-elect Donald Trump is giving control of his sprawling business network to his children as he prepares to assume the presidency.

Continue Reading On rss.cnn.com »

Russell Simmons is a pioneer in creating content for and about the underserved — and he sees no reason to stop now.

Continue Reading On rss.cnn.com »

Call BRT Financial @904-551-6090

Stated Income Commercial Financing

Medical Office Building Financing News + More: New York Observer, owned by Trump's son-in-law, ends print edition + MORE 11/11/2016

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.

President-elect Donald Trump promised to bring jobs back to America’s Rust Belt by getting tough on Mexico and China.

Continue Reading On rss.cnn.com »

The computer booking system used by major U.S. airlines malfunctioned Friday, and passengers at several airports reported delays in boarding.

Continue Reading On rss.cnn.com »

Warren Buffett is worth $70 billion. He is the second-most wealthiest person in the world. But he recognizes that the growing income inequality gap in the United States is a big problem. And it may have helped Donald Trump defeat Hillary Clinton.

Continue Reading On rss.cnn.com »

The New York Observer, the weekly, salmon-pink chronicle of New York City’s political, media and business elite, will end its print edition effective immediately, editor-in-chief Ken Kurson told CNNMoney on Friday.

Continue Reading On rss.cnn.com »

China’s Singles Day has smashed records yet again.

Continue Reading On rss.cnn.com »

Call BRT Financial @904-551-6090

Medical Practice Building Financing

Commercial Real Estate Financing News + More: The jaw-dropping numbers behind China's Singles Day + MORE 11/11/2016

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.

The New York Observer, the weekly, salmon-pink chronicle of New York City’s political, media and business elite, will end its print edition effective immediately, editor-in-chief Ken Kurson told CNNMoney on Friday.

Continue Reading On rss.cnn.com »

Hines Real Estate Investment Trust Inc. completed the sale of seven West Coast office assets to a Blackstone affiliate for $1.162 billion and the sale of another in Bellevue, Washington to an affiliate of AEW Capital Management for $193 million.

This past week, shareholders approved a board-recommended plan to liquidate and dissolve Hines REIT…

Continue Reading On costar.com/News »

The computer booking system used by major U.S. airlines malfunctioned Friday, and passengers at several airports reported delays in boarding.

Continue Reading On rss.cnn.com »

China’s Singles Day has smashed records yet again.

Continue Reading On rss.cnn.com »

President-elect Donald Trump promised to bring jobs back to America’s Rust Belt by getting tough on Mexico and China.

Continue Reading On rss.cnn.com »

Warren Buffett is worth $70 billion. He is the second-most wealthiest person in the world. But he recognizes that the growing income inequality gap in the United States is a big problem. And it may have helped Donald Trump defeat Hillary Clinton.

Continue Reading On rss.cnn.com »

Call BRT Financial @904-551-6090

Commercial Real Estate Financing