Results 1 to 4 of 4
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02-11-2015, 11:35 PM #1
- Join Date
- Dec 2014
- Posts
- 6
Is there a stated income or low doc commercial real estate lenders
I have a online business but I wrote off a lot of last years earnings to avoid paying a lot of taxes. But this limits me from getting real estate loans. I have decent income but after the write offs it looks bad on paper maybe $40k annual revenue. I want to purchase real estate or a commercial real estate for my office so I don't waste money renting paying someone else mortgage. Not looking to spend too much on the real estate maybe $100k at most for a office or yard. Thanks
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02-12-2015, 07:41 AM #2
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
The amount you're seeking to borrow is light for most Commercial Banks/Lenders. Most of the players in this field will require that have 'skin' in the game, however there are several stated income products available. Your FICO score will typically need to be 650 or better. Feel free to discuss..
Richard 516 510 3855
www.businesscapitalconsultants.com
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02-12-2015, 08:20 AM #3
- Join Date
- Oct 2014
- Posts
- 257
Is there a stated income or low doc commercial real estate lenders
Contact Dodd Frank....1 800 SOCIALISM
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08-23-2017, 11:57 AM #4Allrise Financial Group
www.allrise.us
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