Moving Funds through LLC for Personal Use/Investing

[Jesse M Gutierrez]

I've searched the forums but haven't found anything directly relating to what I'm asking so here it is:

1) Can I receive funds from a family member via LLC to LLC wire and then simply transfer them to my personal account (as it's a sole ownership/pass through entity) to use as I please (i.e., down payment funds, rehab, etc)?

2) Am I blurring any lines if the lender and myself have a basic personal loan promissory note with a payoff schedule? 

3) Any tax concerns or bank approval concerns I should be aware of? 

4) Any disclosures or questions I need to make/ask?

He resides out of state and is simply offering to lend me funds to get my RE investment(s) off the ground. I just did a cash out refinance on my primary (VA) and I'm using the funds to pay off a debt to bring my DTI down and I just pre-qualified for an investment loan so I'm excited about getting into my first investment property. I just wanted to ensure I could use funds in the manner described.

TIA. BP is the best.