An interesting side point is that there is apparently no issues with credit worthy customers getting funded, contrary to some of the reports being circulated.

Unfortunately, one of our members had to co-sign for the HELOC as our business isn't "credit worthy" by itself yet.

As far as turning you down, that would be pretty hard if you qualify for the loan obviously you are reasonably credit worthy.

Basically setup the offer and deal structure contingent upon getting a minimum 5 year lease in place from a credit worthy prospect.Any other thoughts are welcome.Thanks again,SkipOriginally posted by @Joel Owens:What was your original basis in the partnership??

Well, if the creditworthiness of the borrower is relevant, it's not a true hard money source.

In my opinion tenet credit worthiness is of upmost importance.

If a local bank was to give you a mortgage, there is no way they could control if you are creditworthy.

The biggest challenged we faced were finding Credit Worthy Buyers, it took two months longer than expected!

The rest of your credit worthiness status: credit history, experience, etc will determine how much variance they will make on that calculation. 

There's very little profit and you're betting on interest rate risk as well as creditworthiness of tenant AAA vs BBB, etc.Are you looking to park cash and take a slight premium to Treasuries?