Pre-Foreclosure Deal Question
How about this:
Investor cures default in exchange for coming on title - leasing back property for a given timeframe. Allows tenants to buyout investor for difference in property value at time of default and value at end of leaseback term?
Depending on profit, it probably falls under the category of usury. Foreclosure bailouts with lease back is generally considered a loan in disguise. In your example, it is less disguised than in other situations. Since it generally deemed a loan, then they look at your profit margin. If it exceeds state lending guidelines, it is usury.