Brokers (versed in these development deals to help you negotiate the right contract terms), Lenders willing to fund a construction and permanent loan, architects & engineers vs in land development to help site plan the project, contractors to price the project to help dial in your UW. 

This lender wants 75% LTV one quarter, and boom you blink and they want 55% LTV, or their rates jump up all of a sudden.

I'm not aware of any lenders requiring 50% down.

Create a simple spreadsheet or written list to compare the features of each and identify the ones that align with your requirements.

It is actually illegal to approach someone in foreclosure or is going to be in foreclosure if you are not an attorney, a real estate agent, a lender or a certified housing counselor.

Not really, as long as you are up front with a lender, most would just require you to show them the establishment of the LLC/accounts and then could proceed with that.

Short of that, he transferred the property in violation of the promissory not so, the lender could accelerate the loan and declare the full balance due and payable.If your grandfather and notary didn't sign the quitclaim, you don't have one so, umm...have them sign it and record it.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

@Zach Bosson does this option also apply if the property was purchased using funds from a private lender? 

I have a great lender that does quick HELOCs for people in this situation.