I know that my builder will fund at least two (2) construction loans at a time, possibly three (3).I typically buy the land first with cash, they apply for the loan.  

I see tons of young couples that are 'engaged' with a child applying for my apts.

@Blake Elder On a sidenote, using a deed of that nature will  not convey your existing title insurance to the LLC     You should use a grant or warranty deed     They are the same thing just a different name      I could be wrong on this but you may want to look into it     Furthermore I don't think there's any more cost associated with the grant deed     I guess you could always talk to the person who gave you title insurance    

So long as you are not pledging a personal guarantee - and thereby providing the lender additional recourse in the event of a default by pledging your personal assets as security for the IRA's debt - then the source of the loan does not matter.Most private lending transactions, especially owner-financed notes, are non-recourse in nature.

The intent is debt relief - you can apply it to car loans, credit card debt, or existing mortgages, but you will not be able to just get a personal check at closing.

Therefore, the change is painful.But I have to say one thing about it… One buyer I know would LOVE to have TRID requirements forcing her sellers to move out 3 days prior to closing, but it does not apply to her privately-financed residential transaction.

I started to apply the techniques others have used to get going like sending out flyers.

I should have mentioned everything the HOA covers: Water, Trash, Pool, Grounds, Insurance (sheetrock out), and natural gas.

This applies even if LLC is just a shell and does not conduct any business or owns any real estate. 

(c) The licensing requirements of this Article do not apply to: (1) any person who is employed as a code enforcement official by the State of Illinois or any unit of local government, while acting within the scope of that government employment; (2) any person licensed by the State of Illinois while acting within the scope of his or her license; or (3) any person engaged by the owner or lessor of residential real property for the purpose of preparing a bid or estimate as to the work necessary or the costs associated with performing home construction, home remodeling, or home repair work on the residential real property, provided such person does not hold himself or herself out, or advertise himself or herself, as being engaged in business as a home inspector.