Our vacancy has nearly tapped us financially and that's with us not touching any of the funds that we were bringing in all year. 

Maybe company 1 scope can be done now, and then the additional work company 2 mentioned could be done later when you're more financially prepared. 

Stay financially disciplined and plan for unexpected expenses.

If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.Our OPINION for the Metro Detroit market (always verify each area for yourself!)

Here is the name of a lender that has been in the area for quite awhile Private Mortgage Lending Nationwide - Brookview Financial 

It's interesting what people will do in acts of desparation.In my experience, lenders (specifically private lenders) will do what they can to work with a borrower to avoid foreclosure, which is a costly endeavor for the lender and requires time to process, usually months and months, depending on your state.Also, while an LLC is often considered a safeguard to protect personal assets, a lender using an LLC for multiple loans may have a substantial value to their LLC, which could all be at risk.Finally, if the wrongful foreclosure suit is legitimate and based on an error by the lender themselves, an attorney could logically sue both the LLC and the individual.

Would there be any issue having each of them on individual leases?

Eager to connect with professionals for collaborative opportunities in the real estate and financial industries

For that reason, our cold outreach campaigns target only individually owned properties. 

If I remember correctly the non-profit would initiate a master lease with you and then work to sublet/place the individuals there.