Real Estate Investing Forums

Real Estate Investing => Financing, Hard Money Lenders, Private Money => Topic started by: zildjin5 on November 14, 2004, 05:18:29 pm

Title: Commercial Lending help
Post by: zildjin5 on November 14, 2004, 05:18:29 pm
is majority of commercial lending programs based SOLELY on NOI? I'm looking for lending programs that DO NOT require any personal credit checks. Any ideas?
Title: Re:Commercial Lending help
Post by: amoneybr on February 17, 2005, 04:05:14 pm


is majority of commercial lending programs based SOLELY on NOI? I'm looking for lending programs that DO NOT require any personal credit checks. Any ideas?


Commercial Lenders like everything else are in the business of making money.  NOI's are critical to lenders in determining the risk and value of your project.

If your project is financially sound there are numerous funders that will offer you No Credit Checks loans. One that comes to mind offers an COMMERCIAL NINA, which means No Income/ No Assets.
Title: Re:Commercial Lending help
Post by: sean1 on February 17, 2005, 08:40:56 pm
amoneybr

Whom would that be??

If that is frowned upon on the board please do not reply.......private message?

Thanks
Sean 8)
Title: Re:Commercial Lending help
Post by: Eleni_Funds4You on February 23, 2005, 07:47:11 pm
Probably hard money lenders or private investors wouldn't do it.
Eleni