I wanted to avoid all that since that (i am assuming) will make things complicated for me not to mention the timely payment of rent.i am in Chicago cook county and in loop..

Furthermore, these bothersome blemishes on the property's municipal searches/reports can complicate future attempts to sell or refinance.A complaint could grab the owner's attention especially if it could lead to a violation, fine, etc.All the best!

@Jerome Morelosno offense but... this doesn't make a lot of sense to meHELOC rates are high so for this to work you'll have to give them a great return to make this work for them...way too complicated for my taste

Not recording a lien might make the transaction less formal but could complicate the refinance process later.

However since you are having zero luck then I am going to recommend older centers that are typically run by mom and pop owners techniques.

@Carlo D.Maybe it is true for their bank but not for other banks.My wife and I have a (more complicated) trust that owns several LLCs.

Things will get “complicated” if you try to buy more than 3 replacement properties.I don’t see a problem with her renting you a space in her commercial building as long as she charges you “fair market rent”  (then she could leave the property to you at her passing.)

If you are looking to do a complicated structure, ex. wyoming holding company.

How do you assess the risk when using creative financing techniques in PML?

My personal taxes involve fairly complicated investments that also require multi state filings.