Loan: Bank Statement, $5,500/month PITI.

Loan: Bank Statement, $4,300/month PITI.

So they started doing the loans that everyone else turned down, ultra high risk development deals, second mortgages, land loans at ridiculously high LTV, loans where the borrower has none of his own capital invested, 85% of AFTER stabilized value loans.  

See if you can do an SBA loan at 10% versus a commercial loan at 25% downpayment.As far as investors:3. 

Then you can immediately put a loan on. the free and clear property and pull that cash out to get close to what you need for the ADU. 

I essentially present to them my numbers of what I can redo the property for, and they loan me 80% of the ARV basically no questions asked except for an appraisal.

I am looking to see if there are ways to get creative with downpayment on commercial loans.

ThanksBrett, we do flips and rehabs and have several lenders in the area that specialize in ARV "style" loans.

You're likely looking at a 25% down loan for a non-owner occupied. 

Hawaiian real estate law differs from other western states significantly, mostly due to its monarchal heritage and the Bishop Trust influence.The basics are the same as would be in California; determine the condition of title ownership (individual(s), estate (including conservatorship, if appropriate) OR fiduciary acting for trust.Use a qualified private money equity lender to make a loan sufficient to buy out the cash-only beneficiaryThe legal community in HI and Big Island in particular is small.