I would like to verify my understanding of how to get to the point where I can get serious about seeking capital.

The reason I have not purchased is not fear of RE depreciation as much as the rates hurt the return such that my underwriting does not depict the level of return I seek.  

I am looking to diversify a bit and am seeking some solid Real Estate Debt Funds (REDF).Could any of you share any REDF that you have been satisfied with?

Readers should seek professional advice.

Readers are advised to seek professional advice.

This is going to be a very tough scenario, I suggest you stop putting money into this deal until you get things sorted on the financing side.I would also be very careful with and sketical about any offers for 100% financing... it will not happen, they are lying 99.99999999999999% of the time.The only realistic way would be for you to find a private investor to come up with the down payment for the mortgage but a down payment will be needed.90% LTC is theoretically possible through a flip loan but in order to reach that level you would need to have a lot of completed projects under your belt over 2 years.20% is possible but with 25% you would have a lot more options.That is part of the issue with this transaction...The other issue is with HOW MANY loans you are seeking...This is not 1 loan because this is not 1 deal...You need 3 loans because you are doing 3 separate transactions at the same time with the same seller.Blanket loans do exist but they are not widely available.Each folio number is a separate deal...

Hello All, I am working on a new construction hotel project in Smithfield, NC, and am seeking constructive feedback from professionals in the hospitality sector.

MUCH better tax treatment.

Now banks have plenty of incentive to seek out and call these loans due. 

If you decide to do this make sure to plan ahead and track the income and expenses separately for each unit since LTR tax treatment is different than STR.