We don't care about member's income, credit etc.

Once the foreclosure process has started, you can only get the train back on the tracks if you can pay off their loan and liens, which someone probably would have done earlier on a short sale if the upset value wasn't too high.

I have taken a few construction loans from the national HML and its quite frustrating and I only do it when my bank Credit lines are maxed and there is a project that still is profitable and I don't want to miss it..

Be the cash/credit partner or find cash/credit and you will learn as you go.

Though theyve never actually done any tracking, so they pull the number out of a hat.

-Scott  you can call them and fight it, and fight it on your credit report as well. 

the company is paying the bills so even if the doctor has bad credit it doesn't really matter about getting the rent check... 

Excel works fine for tracking expenses with minimal units.

Now I have equity locked in and couldn’t qualify for a heloc due to credit as well.

It involves evaluating a sponsor's capabilities, track record, and financial stability to ensure they can effectively manage and execute a project.