What if one persons income/credit score qualifies alone?

Outside of real estate, but someone looking for a business line of credit, or business financing for a non-real estate business.   

The whole premise of a 1031 is that you are selling property you acquired with the intent of holding for productive use. 

I found an 8 unit apartment community, but am unsure about how to get financing since my credit and income will not qualify me for the purchase.

Hope the new CRE models are available for sale soon - a must get product!

Odds are you will never collect a dime, but it only takes 30 minutes to turn them over to collections and you may get something out of it.At a minimum, it will sit on their credit report and may prevent other Landlords from making the same mistake.

Does that mean it could impact his credit?

I wanted to know if this loan would show up on the person (that I’m lending )credit report?

My credit score is good (800). 6% seems high to me. 

We did one in Lakewood at the Ram and I met some amazing people that were very forthcoming with dos and don'ts without trying to sell me a product.