And one suggested having a master LLC holding each individual property as an LLC within it.

At first, I thought that I'm inexperienced in commercial loans, so I reach out to 3 individuals that deal with lots of commercial lending, run it by them, and they all confirmed it was very weird and sounded very unethical.

The client site became a toxic work environment where an individual was putting words into my mouth and trying to disparage me to others.

Sure thing Alex, the only problem might be that you cannot own any real estate individually or jointly prior to application on this home possible program.I have yet to ask what if the ownership and the debt are obligationed by a corporation or LLC and if that would count against this "individually or jointly," ownership rule but I'd bet that would be considered ownership as well.

Exceptions can be made to make each of these DTI's be higher or lower but those are the general numbers.To calculate DTI not only do we take all the debts included on an individual's credit but the new house payment as well.  

There are only handful of national lenders who offer such financing, here is a list for some of the major ones: https://www.biggerpockets.com/blogs/2810/50272-lis...You can also get a private loan from individual investors, just remember that loan must be non-recourse.

Good Morning BP,I have a question about pooling money borrowed from private lenders.In my example, a real estate investor has 5 individuals who are going to lend 10k each for a total of 50k.  

In general, I dis-prefer funds for the following reasons:* Some GPs offer both individual investments and funds.

On another note, if you are looking to have access to some of the retirement funds without having to pay taxes, you could open a solo 401k plan, which can be directly invested in real estate, and then you can borrow some of the solo 401k funds.Following are the similarities and differences between the solo 401k and the self-directed IRA.The Self-Directed IRA and Solo 401k Similarities Both were created by congress for individuals to save for retirement;Both may be invested in alternative investments such as real estate, precious metals tax liens, promissory notes, private company shares, and stocks and mutual funds, to name a few;Both allow for Roth contributions;Both are subject to prohibited transaction rules;Both are subject to federal taxes at time of distribution;Both allow for checkbook control for placing alternative investments;Both may be invested in annuities;Both are protected from creditors;Both allow for nondeductible contributions;Both are prohibited from investing in assets listed under I.R.C. 408(m); andNeither may be invested in your own business.  

Really looking for a tried and tested individual that produces timely / quality work and has great communication.