What is the actual loan scenario looking like ?

Make sure your plan is rock solid, unlike hard money, you can't pay a point to extend the loan.

However, we have a long-term plan to accumulate more than 10 properties and want to be strategic in the way we structure which one of us is on each of our loans now so that we can max out at 20 Fannie/Freddie loans in our individual names. 

If anyone has any leads or contacts on lenders that specialize in land loans or FHA construction loans that would be great!

The same listing can go from a great cash flow on day one to negative cash flow based on how the buyer plans to finance it (conventional investor loan with 25% down, FHA 3% down house hacker, cash, etc).

Response to #3: Ideally you run it through the new LLC but for the purposes of the loan, it may not be required.

It's the same work to do a $55K loan as a $500K loan so the fees will be higher due to the loan amount but will still be much lower than what a lender or broker gets paid on a higher loan amount.

They will be bringing in $15,000 or $20,000 each depending on Partner 3**Partner 3-5 will be paid out each by the LLCs carrying the loan**How would you divide this Partnership so everyone is happy with their roles and involvement??

For the right deal in your experiences would a bank be subject not to loan me money on it?

I have student loans that were just recently forgiven, through the SAVE program.