@Yents Ybrimovic If the 203k loan only requires 3.5% down and you can finance all the repairs in the loan - then what exactly is your friend contributing?

what type of loan you looking for?

. #3: onshoring base-line manufacturing (a) creates more employment opportunities for both skilled and unskilled labor (b) creates more employment opportunities of jobs that elevate and train unskilled too skilled labor  (c) raises base-line wages and benefits via competition for unskilled labor (d) elevates the entire economic chain via more domestic circulation of $ and (e) less exporting of USD #4: stopping illegal immigration defends and protects legal immigration.

DIRECT MORTGAGE LOAN COMPANY6.

The interest rate on a HELOC or Heloan may be better than the personal loan. 

Fannie/Freddie (Conventional) loans aren't just about rate and transfer taxes. 

Quote from @Timothy Hero: I've brokered over 325 DSCR loans.

I came across one of these loan agreements online somewhere a few months ago, can't recall where I found it but it was clear in reading the loan agreement there was no language referencing the loan actually encumbering real property, it was just an unsecured loan.  

From my experience, when I dive into the costs associated with building an ADU—including construction expenses and financing options like hard money loans—it often doesn’t make financial sense.

If you close with a conventional loan, it will need to be in your personal name.