@Nathan FrostThe advantage - some will do 90% and 100% construction but recognize your signing a personal guarantee and will be paying 10-12%+ for interestBenefits of a private lender are speed to close, creativity in cross collateralizing etcThere are a lot of people on BP that think oh private lending is less strict than banks and easier to get.

(you may already have this available)17) Smart lock install (helps owner and your company to be more efficient and secure)18) Rent guarantee programs (requires agreement with service provider - I'm personally not a fan of these, but they are available on the market) There are others, of course, but these are "up and coming" types of additional services PMs can offer to owners.

@Zehua Zhou,The IRA account owner is prohibited from guaranteeing the loan to an IRA. 

Appreciation is never a guarantee so you follow migration and development trends to hedge your bets.

So it's a long road before you have any income coming in from that garden and there is absolutely no guarantee it will ever even get upzoned. 

You might be more than 10% or even more than 100% on the hook with private money especially if that came with a personal guarantee…

LLC, personal, personal guarantee, jointly, etc. 

Last Month's Rent is often not allowed under these programs because the program is guaranteeing the funds (or portion thereof).Otherwise, stick to your qualifications and screening criteria. 

Was a personal guarantee required?

Invest in syndication, for a guaranteed income, it's secured by real estate you know, imagine 123 Main Street New Yor as collateral.