As for the refinance aspect, if you're going from LLC to individual (or vice versa), at my shop you would just transfer title into (or out of) your LLC at the close of escrow, so that part is no biggie.

Make sure you have a good lender and title company.

Illinois finally took the step to make it very clear you need a license to sell or market real estate you do not have title ownership to. those hiding behind  ( hey i am just selling a contract) that does not fly when run up the regulator flag pole. 

(where you acquired title to their property SUBJECT 2 their loan) We've been told that ONLY a PERSON (an individual) having the capacity to contract is QUALIFIED to act as an Attorney in Fact for an individual.

Once title company had finalized title search, seller decided not to follow thru with the closing.  

For those following along at home, that language is found in Title 10, Chapter 1, Article E, section 6 (or 10-1E-6) in the municipal code.It reads: "The renting or leasing of real property for residential occupation for periods of time less than thirty (30) days is prohibited in any zoning district within the town, except as permitted in this title for hotels, motels and bed and breakfast inns."

Definitely find another title company.

So where you'd save a small amount on UW fees and perhaps cross collateralized title fees by doing a blanket loan, you will lose all that savings and more IF you ever decided to refi/sell one without the other... just a heads up.The other issue here is you say your assets are tied up... meaning you have no liquidity? 

before even finding a buyer, I’m pretty sure first you have to find a good title group or real estate attorney that will do your paper work and contracts, and provide you with insurance if something happens later on. 

In this business you will work with other great agents, lenders, title reps, home inspectors, and finding great people in these professions is always a rewarding feeling.