So in lieu of responding directly to the resident(s), I figured I'd touch base with the BP community to provide some insight.

That said, I am thinking about Wake Forest, Garner, Apex as frontrunners based on the fact that they are closer to RTP and have generally good schools.

Much of it based on defense spending that will likely increase as assets are moved from Colorado to Alabama to include the Space Command HQ.

The rates are high right now but these loans are limited based on cashflow so you cant take a loan that costs more than you're receiving in rental income.

I have a Florida based lender who helped prior clients of mine from Canada with their commercial real estate purchase.

Also offers contingency based collection but price was not obvious. - AOA Debt Reporting Service: letter sent w 120 days to pay (with credit bureau reporting) after which it rolls over contingency plan with collection agency getting 38%.I know I would not want the task for what they charge.  

I did work for a commercial real estate investor prior to jumping into syndication, so that gave me a strong knowledge base to start with.

I turned lender based in St.

Based on our 1031 and commercial loan, we are trying to figure out how to separate out some of the duds.

Based on what you've told us, your rate should be at prime (7.5%), unless you are over 80% LTV, then it would be prime +1.Jeff