I still made it work, but man, it was close.Has anyone else been blindsided by something in a deal like this?

Are there any Lenders this offer Line of Credit for investment property? 

The information contained in this post is not to be relied upon.

If I am understanding this correctly the $175K is the equity amount the lender supplying the construction debt requires so I am guessing this is a roughly $900K total cost project. 

This is a great place to learn and further investigate investing in real estate.

This is a great place to learn and to connect with people so take advantage of all the great resources.

Talk to accountants before trying this.

Purchase price: $20,000,000 Cash invested: $13,000,000 Sale price: $20,000,000 This property is not for sale - per-se What made you interested in investing in this type of deal?

I believe this model is archaic and motivates/unmotivates the wrong behaviors. 

You would typically use a lawyer to set this up for you.