I have seen lenders lower the interest rates to as low as 2% temporarily and even use a balloon coming do at the end of the term which will not accrue interst for the life of the loan.

Naturally, we've accrued our 20% of equity in the home to start, but very little beyond that, so we're trying to understand how we deploy cash idled right now to obtain a reasonable loan to move this project along... 

@Stephanie Trevizo, out of curiosity have you found the reverse to be true?

PR is known for a highly inefficient local government which accrues a lot of debt relative to its GDP (like A LOT of debt in the hundreds of billions, hence the largest municipal bankruptcy filing in US history in 2017). 4.

Asks to meet with me, and the seller, so my curiosity is peakedTurns out the subject property is an RV park, located in the county I live in.

Consider borrowing money from the investor and having the loan (on which interest accrues) secured by a deed of trust and then having a separate percentage of profits agreement in which you both share in the profits.

Purely out of curiosity BC an apt in Manhattan does not fit into my plan right now what is the upper limits of income?

@Frederick P wallberg what is the point of anonymous profiles... out of curiosity

Random curiosity - I notice there's this huge plot of dirt land below Talbert Regional Park and to the left of Hoag Hospital.

I mean, I understand the logic behind accounting for your own time, but that 10% will never actually accrue (as opposed to capex, which will).