I would have you in court so fast your head would spin.

Manager managed WY LLC, owning member managed LLC's, which own Land trust for each property...... my head is spinning.  

I bailed (spooked me) that one so fast wholesale style it would make your head spin. 

After I learned more about it, most of those concerns went away because you can put your own spin on it to avoid any ethical breaches. 

Sensing our heads spinning our lawyer friend said he’s seen him give seminars to lawyers and most have the same look.Anyway I did come away with a few things that I wanted to run by those more knowledgeable than me.Basically he was saying that sometimes people got behind for one reason or another but now have the money to pay.

Major, you just placed a whole new spin on your situation, you will want to discuss this with other lenders, perhaps before you get to far in your application process in general. 

Or would i be spinning my wheels at that point? 

It gave me a punch list of things I needed to do so I wasn't just spinning my wheels. 

I’m sure there are many variations of this (assuming it’s a spin-off of the Infinite Banking / Bank on Yourself concepts), but wondering if anyone is employing this Family Bank concept.

Calling back to make sure you are talking to the right department or a supervisor will make sure you aren't spinning your wheels.