@Derek Bell not sure what the use or the intricacies of the development are, but I tend to agree with what's been said here that owning the land free and clear is a better move than a small loan at a low rate.  

My agent and I agreed that that was a terrible experience.

Do you agree with this list?

I agree with others who say invest where you have a network.

The Court agreed that he qualified as a real estate professional even though he only had one property.

Though the insurance company agreed to pay him, they have not yet sent out the reimbursement, and the claim is still open today.The current insurance company can't review the borrower's application because the claim is still open.

Agreed with Andrew, it really depends how the MTR is set up and what relationships (with insurance relocators for example) the owner has. 

What about in  other countries is there such a thing besides the licensing body usually department or bureau??? 

The seller already agreed to $16k so I strategically negotiated the seller to pay the overage directly to the buyer after closing so it did not affect the deal and the buyer still got their money!

We discussed me purchasing the home and had verbally agreed to sell the house to me.