It does not matter whether you are starting a real estate business, restaurant, car wash, or amazon commerce business - the lender will first look at you and your partner and how much skin you have in the game, your experience and the risk of the loan not getting paid. 

I get a lot of messages from investors in the Bay Area and I'm happy to talk to someone for an hour but as far as ongoing advice, I don't think I'm the best person to advise them since my properties fell into my lap pre-2013 (California and one Indiana property).

Those newer pickup's individually did not sustain themselves, but typically had the mortgage paid off within a few years.

So the Developer has less into their lots than another development were the infrastructure is in the construction loan and is paid off when the lot sells.. so its a win for the developer if they can sell the homes for the same price as other developments that do not have this bond attached to each lot..

For one of my multi-family properties, I chose to dig my toes in the sand and make extra payments on the principal until it was paid off. 

But most importantly, they do not need to be paid back.Funding Sources:Local Government/MunicipalitiesState GovernmentPrivate FoundationsFederal GovernmentFamily OfficesCorporationsWhen applying for a grant, ensure you have an understanding of the details such as eligibility, your project readiness, the purpose, funding amount, areas of funding, limitations and deadlines for the application.The prime candidates for a grant are 1) those developing a real estate project or physical space, 2) scaled non-profits and 3) certified non-minority owned businesses.Ensure you are able to provide the following documents before applying for the grant:Show site control through documentationA project description or business planConceptual drawings or renderings of the physical spaceProfessionally prepared budgets for the company and projectWhat does the grant application process look like?

We paid $232,447.36 out to 36+ different trades & vendors for this home.This $232K creates jobs and promotes growth because it is spent and recycled in the economy, creating a ripple effect.Congratulations to the Greatleaf Homes Team for another new construction home closing today!

So, for example of a neutral development, if one of our syndicated loans as asked for a payoff amount we will access that chance of being paid off, and inform investors so that they will know that they will have X amount of capital going into there liquid funds. 

I once bid and paid more than their BPO.   

Once you have paid the contractor, that does not incentivize them to complete the job quickly.