If we assume it is AR, then here is what you finance department says about private party exemptions:A person who engages in seller-financed transactions or who as a seller of real property receives mortgages, deeds of trust, or other security instruments on real estate as security for a purchase money obligation if: (a) The person does not receive from or hold on behalf of the borrower any funds for the payment of insurance or taxes on the real property; and (b) The seller does not sell the liens or mortgages in the secondary market other than to affiliated or subsidiary persons; (xi) An individual or husband and wife who provide funds for investment in loans secured by a lien on real property on his or her or their own account and who do not:(a) Charge a fee or cause a fee to be paid for any service other than the normal and scheduled rates for escrow, title insurance, and recording services; and (b) Collect funds to be used for the payment of any taxes or insurance premiums on the property securing the loans; The issue with the rule interpretation is that in some states an MLO must be employed by a company licensed to conduct the activity of brokering or lending.

What I did was to see how much the individual parts of the project cost, like framing, foundation, plumbing, insullattion, etc.

Instead of owning the share of the LLC individually, it is owned through an S-Corp which is then owned by the investor.So income flows from the LLC to the S-Corp, and then to the individual.Can anyone think of the benefits of this structure?

The one individual I have spoken to thus far claims "for certain loans the home owner needs to enlist the services of an agent" although he has no idea which loan my seller has nor which state the home is in.

When a bank makes a portfolio loan they're loaning money they have received from individuals who have savings accounts or CDs.

More likely to have individual washer/dryer connections.

Such are considered to fall within the arena of prudent lending practices.Now, let's shift gears to an individual level.By statute and IRS code, a borrower may not receive a loan from a qualified tax deferred plan on a recourse basis, this is partly due to funds can becoming tainted and lose the deferred status.

Help you define the appropriate business structures, both from a legal protection and from a financial/tax perspective Help you create a tax strategy for your business that will allow you to legally keep as much money as you possibly can Help you make smart decisions with respect to your individual real estate investments Prepare your annual tax returns Recommend other team members (attorney, insurance agent, real estate agent, etc) who can help make your business a success What are your credentials?

Then, if there wasn't an LLC, we'd be looking at the assets of the individuals in order for them to kick in above and beyond insurance.

Our solution is to work with individual trades and manage the process to be sure we get the city exactly what it needs.