I am the Director of Real Estate Acquisitions for a non-profit Community Development Corporation called Uplifting Humanity.

Some sellers need to see a human to believe that you are legit.

Its a great profession.. for sure like all slices of life you have all different kinds of agents and not all may live up to your expectations.. but thats just humans. 

They also dont want to take this loan in a LLC because it was meant for the secondary markets - mortgage backed securities - Fannie Freddie only accept living trusts and personal names (no LLC's/LP's/Scorps/C-corps/land trusts/etc).Why would they want to take this loan in an entity unless if they are going to sell the note they spent all their time on (human labor/hours) underwriting it to FNMA/FHLMC standards and now because of one silly mistake (funding in a LLC) they have to sell it on the scratch and dent market at a greatly reduced market value or break even and or loose money on it instead of making the average 150-300 basis points on this paper.So it makes perfect sense not to allow LLC/entities on agency paper.

I'll follow up on your link to get more aquatinted with non profit holdings wondering if it's like what we have up here in pa Holmes for low income families called " habitat for humanity " 

I know that as long as people need a place to live and roof over their heads there will always be renters to rent my units because I provide a basic human necessity – shelter.

I am looking for terms as close to industry standard as humanly possible, due to the fact that I only want to present sellers and or potential buyers with a viable as well as profitable renovation funding proposition.Any and all information & assistance in this matter would be greatly appreciated as always.

No commercial lender wants to be your guinea pig on a property that needs work and/or a new management style.

The rest is for you and your team to decide how to structure your business.Be advised that some entities cannot have a non-human as an owner or member.

Five Interaction Modes, there are five modes of human interaction:•To steal•To beg•To deal•To like•To loveBalance can only exist at the levels of Deal, like, and Love.