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Updated about 10 years ago,

User Stats

84
Posts
16
Votes
Brett McCurdy
Pro Member
  • Real Estate Broker
  • Kensington, MD
16
Votes |
84
Posts

How to find Creative Lenders with Neg. cash flow investments

Brett McCurdy
Pro Member
  • Real Estate Broker
  • Kensington, MD
Posted

I wanted to pose this question to find out if anyone has experience finding creative lenders for unique investment deals where the aspect of cash flow is NOT part of the equation.   Without going into the details of HOW these particular deals are structured does anyone have any advice on who to approach after having difficulties (only in last 5 years or so did this get very tough) with lenders previously used (before Dodd Frank).  These are good deals for all parties but since they don't necessarily look good on a cash flow point of view it scares the underwriters.  I read in another forum about someone putting together a very lengthy packet to answer all the questions for the bank as soon as you meet but this seem a bit obvious.  How do explain to lenders that a creative deal can be a sure-thing when it doesn't meet their "sketched in stone checklist"?

  • Brett McCurdy
  • Loading replies...