We use the free version of Podio.  

We will be discussing Credit, Credit Karma, Lender Scores (what they are actually looking at and looking for), how to make your loan more appealing to under writers, and how to raise your score in 30 days We hope to get both the newbie (like me) and the experienced pro as well.

Bill was posting more from an institutional lender standpoint, while others went with he private lender aspect.For me, I want to see proof of experience, some skin in the game (fluctuates per deal and per borrower), and a LTV not to exceed 70% based on my own calculations of value, not borrowers or borrowers agent opinion.Credit score is irrelevant to me but proof of funds and track record are.I will also require evidence of hazard insurance with me named as additionally insured along with a $1M liability coverage.

Yes, I would ask for tax returns, k-1's etc.I would run a credit check and bacground check on each individual.I would analyze the competition in the sub market.Assuming all come back with credit scores of 700, historical sales of each are stable, and there is not another similar use within a 1 mile radius, I'd go with:A true "retail" use, because I might be able to negotiate a percentage rent provision.

Do you know where I can obtain financing with the following credit scores; 530, 531, and 582 with more than sufficient income?

.… I see people recommending to always mention that the homeowners are considering bankruptcy...I thought it might be good to know exactly why the lenders see this as such a threat…Well… There is really a long answer for this… But here is the real short version.

I know the Cap Rate formula is a little more complex, but I heard this was a simplified version of it.

I used to be fairly passionate about party platforms, now I believe that I was just drinking their version of the Jonestown punch.

We have some investments in Austin and it is still slow (and that is a decent market still).Part of the problem is the lending as qualified people with high scores are having a hard time qualifying.We just had the weirdest thing happen with Taylor Bean on a construction loan.

Jugantic"The more you shoot, the more you score and the LESS you lose.