If the taxpayer has a wholly owned C Corp or S Corp, it might be advisable to draw up bonafide loan and lend to the individual/SMLLC at the AFR for property purchase. 

Are trusts able to hold mortgages like an individual or would we have to acquire a traditional commercial mortgage?

I'm trying to lockup a house and the owner on record from the tax office is the original owner but i have another individual stating that he is the current owner because he foreclosed on the property in a tax sale . the thing is the tax office has no record of him at all and maintains the original owner is the current owner by the way, the delinquent taxes have a $54,500.00 payout to the city not to the person claiming to be the owner.

@Todd Powell  Similar situation, they share the same parking lot and the seller is having a difficult time selling them individually.  

Hello Sanjay,Conventional lenders are not able to lend to LLC  - only individuals.

I recommend having it reviewed by your individual attorney.

I'll also place each individual deal under it's own LLC.

Many times two people will each own property before they get married and not change the deed from individual to joint tenants - sometimes for years. 

I think the main idea of my post is that banks don't typically lend to businesses without sufficient assets and business operations - likewise, banks typically don't lend to individuals without income and credit.

You might consider 5 individual commercial loans.