Your attorney can set up his SD 401k as the lender and create a formal mortgage for each property. 

Generational wealth, homeownership as a symbol of life progression, place to raise a family and create memories, etc. 

The region has shown considerable growth and stability, making it an excellent choice for further investment diversification.

Rule of thumb is 10 or less co beneficiaries per loan  over 10 and you are generally looking at creating a security document. 

Therefore, the consideration is to create a new entity with the same ownership structure as the borrower, sell the improvable parcel to this new entity, and have the new entity construct the new  units, in hopes that the 2 entities can merge back together when the loan is refinanced in 10 years. 

I did some reading on creating a trust for personal assets and would like to learn more about structuring assets using a  trust and LLC's.

A trust that is created by a LLC would provide liability protection and anonymity.

You have ample choices on what investment products you have available in the policy just like a typical 401k.  

*This post does not create a CPA-client relationship.

*This post does not create a CPA-client relationship.