., funds) to perform to the contract is the issue at hand.It's not real estate law, and it's not a crime, per se. 

Do you have capital that you are looking to utilize to fund your wholesaling business? 

We were told that we should just refinance the house (since we already own the LLC) but we were unable to do a "cash out " refinance to get the full funds we need to pay everyone back.  

@Chris WilliamsonIf you want to have checkbook control of your retirement funds as @Lee Ripma suggested, a Solo 401k is a much more direct way to do so.

Just from renting rooms in your basement,   why is it so hard to find someone to fund the project, with those income numbers....

Even RMDs from traditional IRAs can be tapped.Does anyone know if there is a way to protect these funds so my mother doesn't become a pauper taking care of my father, then is destitute if/when she needs a home? 

Basically, all you are doing is setting up an escrow account like a guardian of the funds. 

I'm still very premature in my knowledge in how (or when) to secure funding.

Thanks for bringing it to my attention.I think you’re right about the joint account so as not to commingle funds.

We fund up to 90% of the purchase price and 100% of the rehab costs.