Just because you might have 125% debt coverage and adequate collateral with good credit doesn't mean you have the ability to endless funding, lots of factors play in to the picture that are beyond your control. :)

When you renew the loan you'll be looking at more actual performance.It will or may be a new loan, so you will need to qualify as well, keep yourself in good shape, debt to income and credit will be viewed again.When you hear those stories they are usually due to either the property fails or the borrower fails to qualify, rarely is it due to portfolio issues or regulators unless the loan was not paid as agreed, but it can happen with a troubled bank.

I take very little credit for their success.

Learn how to qualify tenants and either become good or find a good credit repair company.

It can't be discharged in a bankruptcy, so in a worst-case situation, it can have much longer-term affect on your credit and finances than other types of debt.

Knock on wood.But we still screened and credit chk them.

There is no 3rd party as of now, I am an investor and have to look for credit partners if 20% is a must.If I finance only part of the project then do I have to pay the equity on full projects profit?

Any thoughts or experience with Core Logic, Real Quest, Credit Technologies, Fiserv, LP Services, Sitex, Freddie Mac HVE, or others?

It was line of credit so it was letter from bank.

Any thoughts or experience with Core Logic, Real Quest, Credit Technologies, Fiserv, LP Services, Sitex, Freddie Mac HVE, or others?