ASSET Based Lender
Hi,
Does anyone have a reccomendation for an Assett Based Lender. It is my understanding that they only use the property for qualifying you. Is this correct? How much downpayment is standard?
Hi,
Does anyone have a reccomendation for an Assett Based Lender. It is my understanding that they only use the property for qualifying you. Is this correct? How much downpayment is standard?
It depends on the property, experience of the person running the show and other factors. You will need to fill out a Loan Project request before TCI can help you any further in your quest.
Here is the link to start your Loan Project.
http://www.thecreativeinvestor.com/commercial/modules.php?name=LenderFinder&op=loanprojects[ Edited by joel on Date 06/03/2005 ]
Under some leases you may be able to charge your tenant. This is a cost to you that is caused by the tenant behavior. You are paying for a service you are not getting because of the tenant. Under my leases, I would not hesitate to send the tenant a bill.