There are credit break points, such as 750 and 720, that have a significant effect on your creditworthiness.

Should the property owner not redeem in the time period allowed (again varies by state) then you now own the property and you can now rent, sell or otherwise do as you see fit.If you are just looking to sit back and collect interest payments without the headachs of owning property then, you want to buy first position notes secured by contracts that have good pay histories, equity and credit worthy payers.

And don't be surprised if a lender uses another proprietary credit worthiness score instead of or in addition to FICO.

.- Credit Worthiness: Banks will not finance a deal that doesn't have a financial ground to stand on.- Length of Term: If you believe in your retail center, some Landlords will do 5 year terms with no options.

I personally would say that the latter is more creditworthy than the former.

Additionally, we disregard DTI and base our approvals on your investing experience, credit-worthiness and the asset that you are buying.

Concerned about this because the few reports I've received by note sellers are pretty dated.Thanks, if the notes are NPN  why bother with credit it will be shot.. they are in default.. they have showed their credit worthiness I guess I am not tracking.. you can jump on Pacer to see about BK activity ???

Lenders use it to evaluate your creditworthiness.

How do you structure acquisitions so that you don’t end up with nowhere to land (in real estate I guess the closest analogy would be losing the property, your investment and lowering your credit worthiness).Thanks in advance.

Lenders are primarily concerned with the property's value, your creditworthiness, and the ability to place a lien on the property, rather than the ownership structure.Due Diligence- As always, conduct thorough due diligence.