![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3080806/small_1721501762-avatar-tiffanym273.jpg?twic=v1/output=image&v=2)
7 September 2024 | 9 replies
How well do you know your potential borrower and their creditworthiness?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2905656/small_1712526874-avatar-aprilb132.jpg?twic=v1/output=image&v=2)
6 September 2024 | 6 replies
When I was in Michigan, we could vary the deposit based on credit worthiness.
2 September 2024 | 8 replies
This helps you assess the buyer's creditworthiness and ability to make timely payments.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3101429/small_1723867648-avatar-austinw384.jpg?twic=v1/output=image&v=2)
30 August 2024 | 2 replies
Finally, most companies won't loan to an LLC without a personal guaranty unless the LLC has a lot of assets and a very long history of creditworthiness.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3105934/small_1725637928-avatar-mariat108.jpg?twic=v1/output=image&v=2)
30 August 2024 | 1 reply
Assess their creditworthiness, financial stability, and experience in real estate.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2971640/small_1715882448-avatar-charlicea.jpg?twic=v1/output=image&v=2)
23 August 2024 | 4 replies
Most lenders will want to see your track record, net worth, creditworthiness, and liquidity to qualify you.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2859396/small_1713541691-avatar-jorgef92.jpg?twic=v1/output=image&v=2)
14 August 2024 | 10 replies
However, if you do consider a second lien, make sure to assess the property’s equity, the borrower’s creditworthiness, and the potential return to ensure it justifies the risk.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/475239/small_1621478324-avatar-michaell50.jpg?twic=v1/output=image&v=2)
12 August 2024 | 5 replies
First-time borrowers should consider their creditworthiness, as it directly impacts loan terms and interest rates.
11 August 2024 | 4 replies
The foreign company needs to have a EIN or a representative in the US with an TIN so you can look up its credit worthiness.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/350972/small_1621446005-avatar-jdm3.jpg?twic=v1/output=image&v=2)
3 August 2024 | 10 replies
Either continue renting to them or sell the place for cash, but doing financing for someone the banks have already determined is not creditworthy is not a good use of your time.