Not knocking that stuff, I went the guru route for my education, but just know those sales are where the REIA makes its money.Sounds like yours was more of a full time pitch than a normal REIA, but as far as I know, they are all in the educational product business.

Um, I dunno, like I said his podcasts don't seem guru-ie, although he does sell educational products which does seem guru-ie.

The house was boarded up and actually had grow lights in two bedrooms (I'm sure that was for the production of ficus tree's...couldn't have been anything illegal :) ).

I often run across members with an interesting product or service that I don't necessarily want right now but may want to refer back to in the future. 

You can get any conforming loan product up to 80 percent loan to value-- you don't need a home equity loan to tap into paper equity on a house you own free and clear.

Ask the realtor to give you comps for the finished product (so you know that even with a 10% down market that the builder has wiggle room and can pay you).

The triumphs (Yes, I did just score a closeout deal on product that actually matches the design and adds $800 to the bottom line) and the Marketing and selling (which is where the fun really begins).

I can answer your question(s) based on my research—you should however seek additional help from a professional and tap into other resources here on BP (e.g. threads, articles, blog posts, podcasts, etc.).Answers:Traditional banks likely won’t lend to an LLC without a personal guarantee and if they do, it would unlikely be a conventional product or eligible for delivery to Fannie Mae (read find a portfolio lender).Selling your property for $1 to your LLC might trigger a due on sale clause in your mortgage agreement.

If yes.Have you both targeted what a specific product will rent for?

When you find someone who can help you this way and understands the lending business and most important has access to the products you need you'll be just fine.Happy hunting and I hope this helps.