I worked as a firefighter so I got the building construction from that background and then the transaction and numbers I got with working within/alongside investors that were in the business doing the stuff I wanted to do.

You need to hire an agent in NJ that specializes in short sale transactions and has experience with this!

Throughout my career, I have transacted on over $2.3 Billion of multifamily assets nationwide and managed portfolios exceeding $3 Billion of AUM. 

Someone like him is a good resource for questions like this as he guides you through the transaction.

This structure combines efficiency with enhanced privacy and protection for your real estate investments.Ultimately, there are plenty of ways to structure your investment real estate strategy, and the best approach often depends on your specific goals, the nature of the transaction, and your preferences for simplicity versus control

But I think you are asking for a standard timeline for a basic transaction @Kiryl Ulanovich. 

For example, places like Illinois and Oklahoma have specific rules requiring a real estate license for certain types of marketing.This specifically for flipping land using Transactional Funding.If you’ve done this before, what states have you found to be friendly toward this approach?

You are most likely going to spend more on transactional costs than the savings + are at risk of due on sale clause being triggered (ultimately will be up to the lenders discretion). 

I personally like his #3 approach of treating this as two separate transactions because you are maintaining control. 

This was a highly successful transaction.