Example, you start borrowing from your 401k or Roth IRA and are 40 years old and your real estate  investment fails.  

Here’s the REALITYWhile I compliment you on your ambition and drive, lenders want the borrower to have their own cash in the deal, not borrowed money for down payment.  

And in many cases interest rates if you have to borrow are higher than the cap rate. 

private borrower reached out for business deal How did you finance this deal?

We do have a 203k consultant (I think that's the term) due to the rehab amount borrowed.

But this time, I thought I’d share a deal that, if everything executes to near perfection, would signal a victoriously blissful conclusion for the borrower and lender.

The primary determinant (beyond the tax implications) is whether the lender will underwrite and permit the borrower to close in a company or require the individuals to be reflected on title. 

To sum up, the overall lending environment (from my POV as a fellow borrower) for commercial projects is simply more stringent when compared to residential RE.

I know some providers do not report to the borrowers credit.

DM the complex.You need:Condo certificate filled out, master insurance policy declarations page, budget, by laws, contact email for HOA manager who answers, borrower with 43% back end ratio, borrower middle FICO 670+, borrower with 2 years same income stream, the money in the bank past 60 daysthen it's easy to choose the best lender.