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.

First-time borrowers should consider their creditworthiness, as it directly impacts loan terms and interest rates.

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.

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.

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.

Depending on creditworthiness rates and fees are pretty in line with other loan products. 

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.

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. 

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.

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