Health-Care Office Building Financing – More Info Here!
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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.
Stocks recover from Fed freak out
– rss.cnn.com
On second thought, maybe she didn’t mean six months? Investors jumped back into the stock market Thursday as they reconsidered what Federal Reserve chair Janet Yellen said Wednesday in her first official press conference.
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Banyan Street Capital and Oaktree Capital Management LP acquired Douglas Entrance, the landmark office campus at 800 S. Douglas Rd. in Coral Gables, FL, from Pearlmark Real Estate Partners for $100.75 million, or about $216 per square foot.”While investment appetite for Coral Gables office product has always been strong, the resurgence of office market fundamentals has taken the appeal of Coral Gables real estate to another level,” said Christian…
Continue Reading On costar.com/News »
Larry A. Silverstein wants the Port Authority of New York and New Jersey to restructure his deal, by guaranteeing a $1.2 billion construction loan.
Continue Reading On nytimes.com/services »
Google just beefed up the security of Gmail to make mass surveillance of its customers’ email nearly impossible. It’s not quite NSA-proof, but it’s close.
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Call BRT Financial @904-551-6090
Stated Income Commercial Financing
Commercial Real Estate Financing Information Here! + More Financing For Medical Buildings + MORE 03/20/2014
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