Thank you for all those who could offer any assistance.Hi Dolev, I think a DSCR loan could be a great solution for your situation.

I can assure you, despite pulling on the LP's heart strings, those sponsors did not care about finding a solution it was just used as means of raising capital.

Once you've identified specifically what your problem is you can then go about seeking the solution that fits best. 2) I like the mentors who are still active in the business and make their money from real estate and not from coaching. 3) Find out who actually does the types of deals you want to do some day in your market and get in touch with them!

I was wondering if you guys have any solutions to avoid the mess of having her file for tax bankruptcy?

That could be a good solution if the properties are good and rents are good to not lose the cash flow.

Seller concessions and other creative capital solutions are generally not available, assuming a loan is effectively transferring the existing loan to the new buyer once the balance (cash portion) has been satisfied at closing. - Income deficiency.

Hi Richie, A heloc could be a good solution for you. 

The fact you got a shell with no roof next door makes a solution pretty hard to be honest.

It's only 25 minutes to Lansing, so it may be a cheaper rental solution for people living in Lansing.Don't really know either market, so recommend you compare average rents to determine how likely it is someone would commute.

In all honesty, unless you or someone on your team has extensive knowledge and experience in credit, mortgage finance, secondary markets, and portfolio management, your company is probably better served by building a deep and meaningful partnership with a small local lender to handle this for you - or maybe even buy such a lender with infrastructure in place as a turnkey solution.