Loan advice for a resort.

[Nickolas Poce]

I'm looking to buy and run a resort. I found a lender named Steve Mayer of finance holding co. I told him my credit is isn't great and that I recently found out that the resort I was interested in doesn't have any financials because the owner used it for family and friends. 

He didn't say anything about my credit and suggested I secure the loan first then find a property. 

Is this normal?