Even if you can find private financing for some or all of the down payment you still need to have the credit support for the loan.  

It doesn't really matter how you pay extra, whether a little to each one or all to one, 4% is 4%.

Also, don't be afraid to help her pay some or all of the origination points as an incentive for her to move forward.

You don't have to buy in different areas, or all the ones I listed, you can pick one and stick with it.

You can do them in seperate steps or all at once. 

Keep in mind - you have until tax filing time (including the extension to 10/15) to recharacterize any or all of the conversion.

The fact is that some or all of those factors might be true but it doesn't mitigate the damage. 

This means the drywall is wet on the back side also, in the wall cavity, and the mold will run rampant with proper conditions.

You can always cut and face your countertops flush with the side of the cabinet(s), so they do not protrude into the cavity for the range.The range will normally be a little deeper than your countertops.If you do not have the width for a 30" range, then an "apartment" sized (24") range is an option.  

I think what Charlie is saying is instead of starting a fund simply broker the loans to an other broker that has a ton of money and you keep part or all the points...much less headache.