These are equity investments in properties with extremely long term leases to credit worthy tenants in recession resistant/Amazon industries like medical offices, quick service restaurants and industrial.The next is the value added multi family sponsor I mentioned above.

Many individuals with decent to high incomes also have mediocre credit scores based on events earlier in life that does not say anything about their reliability today.Not to say you should just accept anyone with a bad credit score, as it's an accurate indication of credit-worthiness more often than not.

I'd rather a slightly lower rent with a more creditworthy tenant.... if I do have to evict, I will certainly take a more proactive role in setting rent and screening tenants.

It's also very important to focus on the credit worthiness of a tenant because although you have a 5 year lease, if that company (or law firm) goes belly-up they will no longer be paying rent and you will have vacant space.

Yes, these do exist but are all contingent on your creditworthiness and DTI ratio.

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

If your stock portfolio (the source of funds) tanks after you make an offer, it has everything to do with how the property is being financed and may influence your decision on whether to move forward, but has nothing to do with the financing clause language.Bottom line:  If my ability to fund a project is not contingent on my bank approved credit worthiness and/or a formal appraisal, all offers are cash...And, so far, no one has had a problem with this.Wm

Because they are not approving me based upon my creditworthiness they cannot provide an unconditioned approval letter.  

If that's the case, how do the financing institutions determine credit worthiness?

Most likely for them to approve the assumption they are going to want to do a credit check and make sure you are creditworthy.