For flipper loans you're probably dealing with borrowers with many contingent liabilities that are likely to impact their creditworthiness if anything else in their portfolio blows up for whatever reason.  

If you are credit worthy (high credit score, stable income) you can get pretty favorable terms.

"In addition, to be credit-worthy enough to get an institutional investor loan, as described, you must also have enough outside income.

Unfortunately, one of our members had to co-sign for the HELOC as our business isn't "credit worthy" by itself yet.

Property data and financials along with borrower financials to review to reestablish credit worthiness and the constant monitoring to ensure they make each period payment.

An interesting side point is that there is apparently no issues with credit worthy customers getting funded, contrary to some of the reports being circulated.

Well, if the creditworthiness of the borrower is relevant, it's not a true hard money source.

Basically setup the offer and deal structure contingent upon getting a minimum 5 year lease in place from a credit worthy prospect.Any other thoughts are welcome.Thanks again,SkipOriginally posted by @Joel Owens:What was your original basis in the partnership??

As far as turning you down, that would be pretty hard if you qualify for the loan obviously you are reasonably credit worthy.

In my opinion tenet credit worthiness is of upmost importance.