Hi Joe,I think going with a LOC is going to provide you with more flexibility than going through the process of obtaining financing for a purchase transaction.

You just need to know the process

Whether an individual consultant or a mentor through a program, mentors provide the foresight and support you eventually need because of their experience.

For payment processing, we use Stripe. 

How does it look to the bank that the note purchaser is not an individual?

Personally hate the notion of using them solely because the loan process is "easier".

How often is an individual successfully sued for an amount that exceeds their insurance coverage?

Yes, because Private Money infers that you are in a negotiable deal where your project can be outside the box and you can negotiate unique terms with a private individual - that - or a big box lender with strict rules and guidelines. 

Once you have enough equity you can go through the process of removal without refinancing.  

Thank you again for pointing me in the right direction—I’m looking forward to learning from this process!