
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.

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.

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.

24 July 2024 | 8 replies
Here are some pros and cons for triple net leases:Pros of NNN LeasesStable and Predictable IncomeLong-Term Leases: NNN leases often come with long-term lease agreements (10-25 years), providing a stable and predictable income stream.Creditworthy Tenants: These leases are typically with established and creditworthy tenants, reducing the risk of default.Minimal Landlord ResponsibilitiesTenant Responsibilities: Since the tenant covers property taxes, insurance, and maintenance, the landlord's responsibilities are minimal.

18 July 2024 | 23 replies
Depending on creditworthiness rates and fees are pretty in line with other loan products.

19 July 2024 | 6 replies
Generally speaking, creditworthiness of the tenant is considered when offering a concession package and there are many nuances that go into the final agreed upon package, but being aware that these are expenses you will incur as a retail landlord and planning accordingly is important. 8.

14 July 2024 | 4 replies
Chris is right, the creditworthiness of the tenant makes a big difference in the debt offering, or the ability to get debt at all if you aren't a very strong borrower.

14 July 2024 | 11 replies
Ensure they have robust risk assessment protocols in place.Ask how they assess borrower creditworthiness and property value.Examine Legal Documentation:Carefully review all legal documents, including loan agreements, investment agreements, and any other contracts you will be required to sign.Consider having a legal professional review these documents to ensure your interests are protected.Request References and Testimonials:Ask for references from other investors who have worked with the firm.

13 July 2024 | 13 replies
But it does give someone peace of mind that the contractor is no criminal, credit worthy, insured, and experienced.