@Brian Cooke I do need to get better at estimating ARV accurately.  

This way, the Bank's borrower will be the LLC holding the property and since it's a new entity, they won't require two years of tax returns but rather will analyze the credit facility from the cash flow of the property so be prepared to provide a rent roll and a breakdown of expenses. 

The rules prohibit the direct or indirect furnishing of goods, services, or facilities between a plan and a “disqualified person".

If too many cooks are in the kitchen instead of a beautifully cooked meal you have a mess to deal with. 

I had my banks give me credit facilities at 1 point and 1 over prime.. 80% advance.So we had 25 million in credit facilities that I only had to put 5 million in cash up to get.Now we are lending at 20% apr  ( very achievable and like John said some go 30 and above for early payouts)... so on 5 mil  we make 100% but with the LEVERAGE  ( same principal your talking about... we are making 14% per annum on 25 million ...

What size facility did you open?

I would like to buy a large storage unit facility and an all cash offer would be ideal for getting it at the right price.

Social services will give her a social worker that will help assist her in finding suitable housing that she will qualify for.. at her age she should be in ASSISTED LIVING facility,  because she has been manipulated regarding her finances and needs someone to help her with that, basic elder abuse.

I've used my parents facility they have with NAB and I pay my interest all back to Australia.

In Cook county (Chicago, IL) you have to attach a state of IL form called anti-predatory lending when you record a mortgage in Cook county.