If you skip using a new loan, you avoid the costs of origination and high interest rates, It works well for our clients in Phoenix and in CA. 

You said your friend is month-to-month after their original lease ended.

If I made any substantial additions to it, I would be happy to share it with the community and give credit to the person who made the original.

About $1500 origination fee is the typical amount I've been seeing the last year

But, Don, only paying 5% on the original $300k note.

The original deal fell through.

The seller would be stuck with an illegal living situation, possibly dealing with the city to avoid lawsuits, and they have to put the property back into its original condition on their own dime.

My wife and I are remodeling a 1940s bungalow-style home in St Petersburg, and after several months of interior work, we need design help and drawings of the front exterior for our contractor to gain permits from the city and move forward with the project.The original front entrance of the home was covered with an addition built by previous owners, and we'd like to boost curb appeal and value by adding a driveway, front steps, a new door with sidelights, and an overhang jutting out from the gable with columns. 

Rates probably around 10-13%, you can stretch it to 72 months, low origination fees (like 300-500 total in fees) 

Originally posted by @Jonathan Soto:@Harry Walker   thanks for the feedback.