However, this would still limit our ability to obtain loans with a newly formed entity. 

Though there is little need to explain to you the benefit obtainable though BP.Well done on taming the student debt.

There are a lot of good people that want to help those that need it, so you came to the right place to obtain knowledge for your Real Estate investing.

There is no requirement to use their own money, but if they try to obtain financing and fail, there is no financing contingency to avoid contract liability and they will be required to use their own money or be in breach of contract.   

Originally posted by @Chris T.

But it's going to be very tough to get a private person to pony up their money unless you have this deal locked down with a contract.You can go to local REIA events in the nearest big city and pitch your deal there.You can work with local self-directed IRA and 401(k) providers to obtain loans from their investors.You can get a gift from family.You can take out a HELOC on your current property and contribute that money toward the purchase.The list goes on...

If so, you need to call the City and ask for a copy of the zoning conditions that apply IN ADDITION to the general regulations.5) The property's zoning history, why it was rezoned, and the likelihood that you can successfully obtain the approval you are seeking.

I recently completed an online application to obtain a Hard Money loan. 

Etc etc. can create problems for the brokers vis a vi their contract duties.. and if all the I's are not dotted and T's crossed their broker may withhold their commission check.. and that would not make for a happy agent. 

@Pete T.