If I have an LLC, and I formally loan my personal cash to my LLC (promissory note and all that) - that seems to work just fine.

Originally posted by @Russell Brazil:I dont know what your contract states....our contracts state an interest then say "or market rate."4% wouldnt have been a possible interest in almost a year now.Our contract doesn't talk about market rate, but says the interest rate should not exceed 4.0% - maybe it's just a placeholder for formality.

@Russell Brazil yes I have won one specific performance suit.. but vastly different set of circumstances.the seller was losing the property and needed 40k to cure the tax ( property tax) default or they were going to lose it .In Oregon its the only state I personally know were property lost for non payment of property tax's escheats to the state.. no public auction no overage no right of redemption other than the county commissioners can over turn it down the road.. that all said there was no time to do a formal escrow so I did a Purchase and sale contract.. gave the seller 5k of non refundable EM and handed it to her.. 

@Jennifer Petrillo are you In Asbury, NJ (off of 78 new Pennsylvania Border) or Asbury Park? 

It's on the border up from Laredo, Texas.

I am not looking for additional employment...just investment opportunities... but would prefer to not have to get formal permission

Granted it's not formally approved yet, but the code has provisions for the change of use given the age of the structure (over 50-years old) - it's grandfathered in.  

HomeReady even makes it possible to use border income to qualify. 

Most agents are only licensed in their home state, maybe a neighboring state or two if they are based close to the border with another state.

Where we are nowAfter sorting it all out over the last 6 months, Bob's kids agreed to start paying again and to formalize the partnership.