Page 14 - How To Refi Cashout Your Commercial Property Before The Bank Says....

● No recent bankruptcy

● No recent foreclosures
● Personal Liquidity
● Net worth requirements

● 750+ credit score. (Basically perfect credit)
● Must have a Tier one property

● Commercial property must have an occupancy rating of 90% for the last 90
days.

On the other hand if your not bankable you are considered “Non-Bankable”.

Being a non-bankable borrower is not an official designation in the industry. Nor
is it a bad thing to be considered non-bankable. A non-bankable borrower is

someone who does not want to show or cannot show full financial documentation
such as tax returns.

Furthermore, a non-bankable borrower usually has a unique story or challenging

circumstance that needs to be addressed that traditional lenders fail to provide the
solution for.

Other Non- Bankable Characteristics:

● Tax returns may not show the full scope of income made in the previous
years
● Previous P&L Statements do not show current trajectory of the business

profits
● Less than ideal credit below 700.

● Tax lien issues
● Property Back Taxes

● Limited Net Worth
● Judgements & BK in the past