Unless there is a demonstrable reduction in the amount of work being done per turn, why would they take less? 

If there is a claim, the plaintiff may attempt to pierce the corporate shield and demonstrate that the LLC was set up only to facilitate negligence on the part of the owner.

To combine the two into a land purchase and construction loan you need to demonstrate on paper exactly what you plan to build and that the planning desk allows this without a conditional use permit/hearings/delays/neighbor complaints tying you up to wait 24 months to start.

Learn smart funding plans like lease options, seller-backed loans, subject-to deals, and wraparound mortgages.Build your credit and financial profile by paying down debts, maintaining a good payment history, and demonstrating your investment knowledge.

This strategy addresses their apprehensions and demonstrates the potential for a secure and beneficial arrangement for both parties involved.In the end, if it does not work, partnering with someone with the funds to buy it with you would be my second-best option!

@Ravi KaruturiRavi, a Project with a $10M “all in” cost will typically support a 70%-80% loan to cost (LTC).This means that you can borrow $7M-$8M which means that you will have to invest an equity infusion of $3M-$2M.More fundamentally, if you are asking a question like this, your priorities need adjusting.Raising capital from whomever, and especially from friends and family must come after you have acquired and can demonstrate the skills necessary to build a $10M ground up development.I believe that if you pursue a plan to raise the equity required that you will find it very difficult to secure bank debt without a track record and or the skills noted above.Feel free to reach out to me if you want to talk.

Moreover, asking questions demonstrates your commitment to learning and your proactive approach to growth within the investment community.A crucial tip for maximizing your learning experience is to come prepared with a notepad and pen.

Are you thinking of putting sparkly hearts on the document to demonstrate your creativity, is your pain point the down payment and you're trying to navigate that with seller financing, is the issue that the in-place tenants aren't paying rent? 

You want to look for demonstrated experience which is much more important than location. 

You've demonstrated above your willingness to say whatever you think will motivate someone to send you money.