Loans that are in default will have statutory non-accrual periods, a loan in default after giving notice of foreclosure does not continue to accrue interest but additional administrative costs permitted are added.

He has worked in the past with my partner and may be willing to finance 100% on smaller projects (>100K), while only collecting his payment and accrued interest amd fees  after we sell, or refi.  

The interest accrued to the note transaction, practically zip!

If you can pay cash for an investment, make a down payment high enough to minimize the cost of financing, invest the cash and accrue interest.

For those of you who have been investing >10 years, and have accrued properties before the 2003 time period, what was it like buying properties before the bubble really started to pick up.

In that last month, late fees will accrue and my notices and phone calls will begin just as in any other month.

There are a lot of moving parts involved so having the vehicle set up in advance seems very advantageous.My conceptual plan for setting up the structure is more simple:50% equity for me - I do ALL the work including property management and accounting50% equity for capital partners - No responsibility in terms of making business decisions or operations of the businessMonthly cash flow paid out after all expenses (including budgeted expenses) are paid out and accrued for.  

It's not that payments are not charged, but may accrue, you don't have to pay the rents but you will owe the rents.

Usually construction loans are I/O to a 6 month balloon or simply accrue to 6 month, larger loans go to a year.

I guess I could always sell the property but I was thinking more from the angle of using the equity that I have accrued over the years and pulling that out to reinvest into another property.