Is it one investor per deal, then they would act as a private lender and that typically includes a note, deed of trust, loan agreement, personal guarantee, assignment of rents and a few other docs.

I used a construction loan.4.

This property can NOT be financed by FHA or a traditional conventional 30-year fixed-rate loan.

I would find a good realtor, use Kiavi or wild-cat for lending, and good contractors through your realtor, and a local PM.Then you can re-fi using a DSCR loan and leave very little money in the deal and have it cashflow.

The subtract off selling costs which will get you to near what you paid for the property (which will net you a small amount after paying off the loan and the missed payments).Before investing in next RE 1) get you finances in order 2) build up adequate reserves 3) learn to analyze the numbers better.  

If we were a GC and had cashflow for 2+ years and positive NOI they would consider a small business loan but outside of that, its challenging getting a business loan for real estate.

Are DSCR refinance loans ever approved in this case? 

Could I fund the purchase using a bridge loan with the assumption to sell my existing home ($1.5M)? 

Over time, this can even help you pay off your mortgage several years ahead of schedule. 4. what about asking your lender for a loan modification?

That to me is the simplest deal structure and the least "risk to you" as you aren't waiting for the final home to complete to be paid, as I understand it most construction loans close on the "dirt" up front....although like everything in real estate its infinitely negotiable and changeable.