For business owners, having a separate legal entity, such as a corporation or limited liability company, provides the unique ability to create a credit identity with business credit reporting agencies, also known as a business credit profile.Reality check:  > Funding your business with your home equity or personal savings/guarantee is a HUGE risk  > ~45% of Small Businesses applied for a Business Loan in 2023  > Less than 2% of SBA Loans are actually funded/approved  > 29% of Small Businesses FAIL because thee run out of Capital  > Your company’s name on a credit card is NOT corporate credit (if you used your FICO score to get it)  > Business (EIN) credit will open new ways to finance your growthIf you keep doing what you've always done, you'll keep getting what you always got!

Have a solid vetting process and consider diversifying your investments across multiple loans or properties to mitigate exposure.By following these strategies, you'll be better equipped to find and secure high-return private money lending opportunities.

Based on some of this information, I asked them to coordinate removal of their equipment. 

(aside from the very obvious medical/industrial appliances/equipment).

Because the system is not in your favor (much like loans/ banking) and there are plenty of things that you are not thinking of nor are equipped to deal with as situations arise, so you pay a professional.

The above varies based on the lender as large investment property lenders decide on their own guidelines that are often similar but not identical. 

I've recently started an eviction on a S8 tenant of mine in Detroit.The process will be identical to a normal, cash paying tenant with one big exception.The housing authority will continue to pay the voucher amount during the eviction process. 

There is more due diligence to perform for commercial as there are can be a different type of lease for every tenant in a multi-tenant building, despite the spaces appearing identical from the outside.

Also, we have witnessed a lot of tenant applicant fraud related to income verification and employment, in addition to identity theft.

If it’s a chattel filing with the state, the foreclosure would not affect the secured party’s interest… they could still repossess the equipment.