This choice changes the situation for the lender into an equity partnership which increases their risk, which deserves a higher reward, in equity, cashflow and sale.In any case the lender should be on title (like a bank would) to secure some or any colateral.I am a multifamily real estate business owner and not a legal expert, therefore any agreement should be drawn up and executed by an attorney specialized in your field.

All permits pulled, inspections done, work took place and went well.

What are you opinions on the tax and legal strategies of Renatus?  

@Nathan Goodlove I'm not sure if it's necessary to use an attorney as a registered agent, but it's probably a good idea to consult with one before you attempt to do something inherently legal such as asset protection.

Does anyone know if its legal to do this in the State of Oregon, i have tried to contact real estate agents and have been told that they would call back and still havent received that call.

She is an architect and GC (along with her husband) and knows all the people at the City for permitting. 

Building would be worth upwards of 20mill + 2. the property i own that is in the middle and the best lot for the project used to have a house on it, but we demolished that and it is only land value now.. practically free and clear.. banks i've spoken with will not loan me money on the land. 3. the costs to get the plans can't cost too much considering the value of the project... not trying to update anything, but want to tear down and either build or sell. 4. plans and permits could take 3-6mo ?

Are there online legal sites/apps that you can pay for this type of service?

I have the architectural and engineering plans already paid for and was looking to get the permits to start building.

If you've got enough damage to bring the price down that low, then it is a major job, and the permitting/paperwork/inspections needed to get it back up and running could be the biggest hurtle.