They will not want to see any member with a low score (below 680, for example).For the second part of your question, they may follow that formula (which is a formula for conventional lending), but your LLC will not be able to obtain a conventional loan, rather a portfolio loan from your local bank, and they may well want to see signed leases and proof of a security deposit.

If it helps to know the details, they are as follows ... property is a luxury Hawaiian estate.

Maybe start off as a partner with someone very active (proven track record) in your target market.

Hello Jon, The detailed answer is quite appreciated, I realize it must have taken some time to answer in such manner, so thank you :) Some follow up questions:1.

I disagree about the charging the upfront fee makes a serious buyer.I can't tell you how many scammers I have seen in the commercial lending arena.I can say one problem lenders face is they get a package submitted to them and then give an LOI.Then in due diligence the buyer finds out the income levels and returns were not as stated.Now the lender wants a bigger payment down from the buyer or the buyer has to get the seller to reduce to the actual proven numbers.The deal falls out and the lender made nothing.The way to solve this is submit a detailed and verified package upfront.This way you know the numbers you are sending have been verified.Lenders site confidentiality etc. when doing loans so you can't verify other properties they have closed.If lenders state money has to be in escrow or a deposit have YOUR attorney hold in an account the lender does not have access to or authorization to.This way the money can be shown to be there and earmarked for the purposes of the loan.I am telling you these scammers will do anything to separate you from your money.I know some deals I wasn't involved in where the people chased the lender for 6 months to get back 500k.Do not let lenders PUFF fees.If they say they have to pay for appraisal then tell them you will pay the appraiser directly.If you are a legit lender and you make money when you close a loan you should have no problem with this.If however you are a fee generator mill and you hardly close anything or a point taker with upfront fees I can't tell clients to work with you.Some point takers take money to submit apps knowing the lender will not close or that it's a sham.They usually charge a small amount upfront to entice the victim.Usually 500 to a few thousand.

The following blog article lists those questions and provides insight from a qualified intermediary on what differentiates the investor from a dealer.

LOL Good luck trying to figure it out, Ryan - heads of national and international financial systems have been trying to, and losing their pants in the process, much the same as everybody else, the masses who follow suit.

My 401(k) will not help me much there.3) Given that my plan has strict restrictions in withdrawing or rolling over this money, I was wondering whether there is any way at al to get this money out other than getting a loan, using financial hardship, or changing jobs.I have been following Robert Kiyosaki and Provision to help me decide how to best strategize my current and future wealth.

You can also look at the history and see that the index consistently follows a pattern based on holidays with Christmas being the low every year.

He handed the title company a cashiers check and the deal was closed.It funded the following morning.This gentleman died eight days later.