stated income financing

Commercial Real Estate Financing News + More: Yext: The newest $1 billion tech company + MORE 04/14/2017

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Stated Income Loan Programs

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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.

JCPenney tried to close the doors, but shoppers came pouring in.

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United Airlines fell face first into a public relations hole last Sunday after a passenger was forcibly dragged off a flight — and the entire incident was videotaped.

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Was United Airlines Flight 3411 overbooked or oversold? The airline now says it was neither.

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Toshiba: Too big to fail?

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Toshiba’s future is hanging in the balance.

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While the recent rash of store closings has cast a pall over the retail landscape, the ongoing shakeout has been a boon to the handful of restructuring specialists that cater to retailers.

Part real estate brokers, part legal advisors and part wholesale marketers, these hybrid firms seem to get all the big store disposition assignments when retailers go belly up…

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Medical Practice Building Financing

Commercial Real Estate Financing News + More: U.S. dollar drops sharply after Trump calls it 'too strong' + MORE 04/13/2017

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Stated Income Loan Programs

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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.

Silicon Valley the place loves “Silicon Valley,” the show that mercilessly mocks it.

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When it comes to tax reform, the number one concern for small businesses is that lawmakers will reduce their tax breaks without lowering their tax rates much, if at all.

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President Trump caused the U.S. dollar to slump Wednesday.

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With no end in sight for the exponential growth in demand from businesses and consumers for more online bandwidth, private equity and institutional capital is competing with traditional data center property investors for the best properties, helping drive the latest round of M&A transactions in the data center property sector…

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The place the Rams called home for two decades is now suing the football team.

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Health-Care Office Building Financing

Commercial Real Estate Financing News + More: Recent Commercial Real Estate Transactions + MORE 04/12/2017

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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.

Uber’s communications chief is leaving the ride-hailing firm as it reels from a wave of public relations crises.

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Triple-net health care property owner Care Capital Properties, Inc. (NYSE: CCP) has agreed to acquire six behavioral health hospitals in California, Arizona and Illinois from affiliates of Signature Healthcare Services, LLC in a $400 million sale-leaseback transaction.

The six properties, which have all been either recently expanded or under development to expand capacity, include a total of 712 beds, primarily providing acute inpatient and outpatient…

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It’s been an ugly few days for United Airlines.

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Recent commercial real estate transactions in New York City.

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Imagine the next time you’re flying. You arrive at the gate. There’s a big mob. It’s going to be a crowded flight.

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Amid a sexual harassment scandal and advertiser boycott, Fox News host Bill O’Reilly announced Tuesday that he will take a nearly two-week vacation.

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Medical Practice Building Financing

Commercial Real Estate Financing News + More: Delta's meltdown: What went wrong + MORE 04/11/2017

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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.

A major Chinese tech deal in the U.S. just fell apart.

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A month after filing for Chapter 11 bankruptcy reorganization with a plan to sell the company to an anonymous buyer, hhgregg Inc. (NYSE:HGG) this week abandoned those plans and began a wind down of its business.

The electronics and appliance retail chain has started holding going-out-of-business sales at its remaining 132 stores…

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Russia is on the verge of taking control of a US oil company.

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When United Airlines needed extra seats on its plane Sunday night, the airline bumped an unwilling passenger, whom authorities ultimately dragged — down the aisle — off the plane.

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After years of profitability and reliable service, Delta Air Lines struggled mightily last week with two basic functions of its business — flying airplanes and accommodating passengers.

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The New York Daily News and ProPublica are the twin recipients of this year’s Pulitzer Prize for public service.

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Stated Income Commercial Financing

Commercial Real Estate Financing News + More: Chinese firm creates jobs in Rust Belt county that voted for Trump + MORE 04/10/2017

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Commercial Real Estate Financing – Click Now!

Stated Income Loan Programs

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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.

Fox News’ parent company, 21st Century Fox, will open an investigation into sexual harassment claims against Bill O’Reilly, an attorney who represents one of his accusers said Sunday.

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Police in India have arrested a man they say was the ringleader of a network of call centers that allegedly swindled thousands of Americans out of millions of dollars.

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Most Jeep Grand Cherokee SUVs never go off-road. Even fewer of them go to the racetrack. But now they can, with the introduction of the new 707-horsepower Jeep Grand Cherokee Trackhawk, set to be be unveiled at the New York Auto Show this week.

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New York just became the first state in the nation to make tuition free for middle class students at both two- and four-year public colleges.

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Stated Income Commercial Financing

Commercial Real Estate Financing News + More: KFC promises to ditch to antibiotic-laden chicken + MORE 04/09/2017

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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 wall along the Mexican border doesn’t have to be made of boring concrete slabs.

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New York is close to giving the final OK to tuition-free college.

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It’ll still be deep fried, but KFC wants to make its chicken a little healthier.

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Health-Care Office Building Financing

Commercial Real Estate Financing News + More: Tomi Lahren sues Glenn Beck and The Blaze for wrongful termination + MORE 04/08/2017

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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.

Babies love car rides. They’re soothed by the vibration from the road and gentle the hum of the engine. For some tots, it’s the only thing that will make them go to sleep.

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President Trump’s White House isn’t ready to talk on television about its military strike against Syria — unless they’re talking to Fox News.

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Could costumed robots one day roam the streets of Walt Disney World?

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Tomi Lahren, the outspoken conservative commentator, is suing her former boss and workplace, Glenn Beck and The Blaze, alleging wrongful termination.

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Commercial Building Financing

Commercial Real Estate Financing News + More: Six Flags Nixes Plans for Theme Park REIT; La Quinta Says Maybe + MORE 04/07/2017

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.

A pair of bills addressing dual agency broker representation have been introduced in the California State Assembly. If taken up and passed, the proposed legislation has the potential to upend and reshape the way commercial real estate brokerages do business in California, and influence real estate practices in other states across the country…

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Once considered a sure-fire strategy for ‘unlocking’ value in corporate-owned real estate paired with tax advantages, the number of non-traditional real estate firms opting to pursue REIT conversions continues to slow.

Late last week, Six Flags Entertainment Corp. (NYSE: SIX), the world’s largest regional theme park company, nixed plans for a REIT conversion of its 18 theme parks in the US, Mexico and Canada…

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In his first public speech since being ousted from his post as U.S. Attorney for the Southern District of New York a month ago, Preet Bharara revealed why he forced President Trump to fire him.

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President Trump likes to remind everyone that American manufacturers are giddy “like never before.” He fully expects that to translate into “jobs, jobs, jobs.”

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Before he cut to his first commercial break of the night on Thursday, Fox News host Bill O’Reilly teased a series of segments that would come, he said, “after these messages.” But after only a one minute-long ad, O’Reilly was back on the screen.

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Commercial Real Estate Financing

Commercial Real Estate Financing News + More: Value of Trump's Golf Clubs Lags Behind Investment Surge + MORE 04/06/2017

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.

It’s official: Your browsing history can be sold to advertisers. President Trump on Monday signed a measure reversing rules that would have required internet providers to get consent before selling your browsing history.

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More than 8,000 current and recent Uber and Lyft drivers in Massachusetts have been banned from driving in the state under new, stricter background check regulations.

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A top House Republican beseeched President Trump to fire Richard Cordray, the head of the Consumer Financial Protection Bureau, pronto.

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President Donald Trump’s golf courses are in the spotlight, but the value of the properties hasn’t kept pace with the amount of money he has invested to make upgrades.

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Read full story for latest details.

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Zapped by Zappos and other online shoe outlets, Payless ShoeSource has become the latest casualty from the ongoing shakeout among retailers. The discount footwear company filed for Chapter 11 bankruptcy protection on Tuesday and said it will immediately close 400 stores in the U.S. and Puerto Rico, with additional store closings likely down the road…

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Stated Income Commercial Financing

Commercial Real Estate Financing News + More: Square Feet: Downtown Brooklyn’s Dearth of Office Space Beckons Tishman Speyer + MORE 04/05/2017

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.

The developer, which owns Rockefeller Center and the Chrysler Building, is building a 620,000-square foot office tower.

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Recent commercial real estate transactions in New York City.

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Kendall Jenner’s new ad for Pepsi has fallen flat.

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Count KKR & Co. (NYSE: KKR) among the major investors who see an opportunity in offering CRE debt capital to take out a high volume of over-leveraged CRE properties with approaching loan maturity dates.

The private equity giant is planning to enter the public commercial real estate finance arena by launching KKR Real Estate Finance Trust Inc…

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Major League Baseball uniforms will continue to be made in the U.S., and more than 500 factory workers will keep their jobs, even though MLB is switching suppliers for the first time in 30 years.

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The Writers Guild of America will give peace another chance next week as Hollywood waits to find out if an industry-rattling strike is imminent.

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Health-Care Office Building Financing