Credit Tenant Lease(CTL) Loans for Absolute NNN Properties

[William M.]

I would like to know if anyone has any experience with utilizing CTL Loans to purchase Absolute NNN properties or knows of their structuring? My goal is to purchase Absolute NNN properties to create passive income for myself. But the down payment required on NNN properties is so large and without that it's difficult to get financing. I've done some research on CTL lenders but I don't know if you'd still be able to receive income from a property even after all expenses are paid. Are all proceeds used to pay the loan off? Some CTL lenders provide 100% LTC/LTV and in some cases even more. Is there a way to structure these deals(syndication) with minimal funds out of pocket while being able to close and have passive income? Thanks for you input!

[Chet Mazur]

I have been looking at this structure as well. The part I have been unable to get clear on is the phantom income that is thrown off. Have you come across a good source of accounting info?

You have to look at the cap/term/etc to come up with a deal that works for CTL. I am looking to do a 100% deal that will fund an obligation I have in the future when the property is paid off..

The costs of the loan seem to very ALOT from broker to broker / lender to lender. One lender was burying 400K in costs into the deal.