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?

Comments(2)

  • joel3rd June, 2005

    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 ]

  • edmeyer7th June, 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.

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