If with the 50% rule you are spending $400 less than you were when renting, you either found a very good deal or have a low debt (or combination of the two). 

I recently opened my Bank on Yourself policy, so I haven't actually used it to invest in real estate yet, but my thinking would be that the policy would be in your personal name, you would then take the policy loan from the policy, and you as an individual would then give the funds to the LLC that will own the property, either as debt or equity depending upon how you want to structure it.

High income or low debt or both?

Cross posted*I am in a unique situation and would like to know what you would do.A little back story- My husband and I were in the beginning stages of building a new primary residence. My aunt filed for divorce, knew ...

There are companies that specialize in such things usually working with defaulted debtors.  

You need to decide whether you want to raise debt or equity both of course have there pluses and minuses.

A good debtor can be disqualified and a bad debtor can qualify.  

Every time I have evaluated them side by side crowdfunding is cheaper and makes more sense whether it has been debt or equity

In a Chapter 13 the debtor has to submit a payment plan to 1. pay off the arrears in payments over up to 60 months, and 2. continue to make the regular payments.

As a function of the BK, the borrower/owner would have either had to reaffirm the debt or surrender the asset.