There are ALWAYS opportunities in business and commercial real estate. The problem is many good deals stop moving forward because someone was told “the tax returns don’t qualify.” Tax returns matter to many lenders. But they are not the only way a loan can be evaluated. If your tax returns do not show the income […]

If your commercial loan is maturing and your bank will not renew the loan or is asking for a large paydown, the issue may not be the property. It may be your tax returns. This is happening to a lot of strong commercial borrowers right now. When banks calculate debt service coverage using tax returns, […]

I am seeing more apartment owners declined by their local bank when trying to refinance, not because the property doesn’t cash flow, but because their tax returns don’t show enough income to debt service the loan. Many investors use depreciation and write-offs properly. On paper, income looks low. To a traditional bank that underwrites to […]