., I can address some 1031 issues that have arisen.  1.

There is no deed of trust or note so there is no lender worried you will default.Financing a property in the name of an LLC is more difficult unless you can show credit history for the LLC itself or that it can put up collateral such as other real property equity.

Wells already knows these numbers well and my situation so that’s why so far they have not budged a bit in terms of giving any credits My lessons learnt is never ever to trust a lender when it comes to hidden costs & never ever in my life pay for a 6 month ahead of rate lock

I am thinking I can just not have the equity backed by an official note (the people who would be investing with me are a close friend and my family so they trust me) and that would be okay, but I am not sure how un-documenting this large sum of cash would mess with FINRA’s regulations...

Hi Matthew,Loudoun County addresses this by not allowing kitchens to be built in basements. 

Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

He clearly has trust that I can perform, we’ve done over $1.5m in deals together, he just ultimately doesn’t want the properties and loan “in his name” when all the dust settles.

I trust local realtors far more than the internet or sellers.

It is just a matter of talking to someone and building trust in them.

So far I was thinking: CityProperty type: DuplexExclude corporate and trust ownedAbsentee owners in and out of stateI wasn't sure about LTV or Equity % was hoping someone on here would have some advice as to the accuracy of those and if they would be applicable in my situation to use.