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.
Maybe the world really is flat. The drop in European markets is spilling over into the U.S.
Continue Reading On rss.cnn.com »
New York City Mayor Bill de Blasio’s affordable-housing ambitions are being tested by the first major project he has shaped from its early stages, a 2.2-million-square-foot development on the Queens waterfront that is raising fears of Brooklyn-style skyrocketing rents.
Continue Reading On wsj.com »
Commercial Real Estate Financing Information Here! + More News: Commercial Building Values on The Rise + MORE 07/17/2014
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