Lender · Tampa, FL · Member since 2013 · 2k+ posts · 2k+ votes
10mo
There are a lot of factors that we look at and there are a wide variety of loan programs for different situations. In a nutshell, the three most imporant things in lending are ability, ability, and ability. How is the lender going to be paid back (what's the exit strategy)? We look at the experience of the operator. We look at the operator's liquidity beyond the loan (are they sinking their last dime on the project or do they have assets to fall back on). How does the deal cash flow? How are we leveraged (LTV/LTC)? I appreciate your question, but it's quite a broad question to ask if you want a detailed answer. Happy to answer, but I think we would need more specifics to properly respond in a helpful manner. Thanks so much.