construction loan question

[Rich Hupper]

Hey BP. I am looking at a mixed use building right now that would require a full build out. 2 commercial storefronts and 6 to 10 residential units in a 16,000SF building. I have 250k for some holding costs and a down payment. I do not think I would have any luck at a bank getting a construction loan however maybe hard money would work. Would either source ever allow interest payments during construction to be  deferred until long term financing was secured? Or do these lenders always want their monthly interest payments?

Thank you