Are there other options that could be better for a construction to perm loan (not through a traditional bank)???

@Louis Hamilton,If a HELOC doesn’t work, you might consider these options:1.

Fannie & Freddie could be a great option for you but they have some strong requirements, Net worth, experience, liquidity, DSCR just to name a few.Happy to connect & see if that product could be a good fit for you.

All of their products are Dutch-interest and their highest leverage option is a 1st position with a 2nd position loan wrapped with it to get to higher leverages.  

I was going to do that in an attempt to get creative with my financing options so that there are no liens on it and I could borrow against it as an option.

The more cash on hand the more options.

I don't see it as an issue but many still do, at least in my small town where the majority of renters are elderly people looking for low maintenance housing options.

One of the key challenges I’m facing is understanding the financing options available to someone without Canadian residency or a local credit history.From my research, it seems that a 35% down payment is often required, with interest rates around 7.5-8.5% for non-residents.

If you're considering purchasing under a business name, consult a CPA or attorney for setup and financing options.

We’ve found a great option for us in Tennessee with a cabin (currently used as a str) and a mobile home.