How do you propose to get started?

100% leverage, which is what it sounds like you're proposing, is high risk.true private money IMO is someone already in your network - your uncle, your dentist. 

Note the below bill was proposed, establishing a 5-year moratorium on condo conversions in high population/population density counties (basically Hudson County only).

Once you complete their application process, they will determine you don't fall under their top tier borrower qualifications and propose terms that are far less favorable.

If interest rates are the same and loan amounts are the same, you will build equity in both proposals at the same rate.

It is very much case-by-case and requires understanding of the current regime for personal itemized deductions, as well as gambling on the proposed changes to this regime by the current administration.

I am proposed GP with development / management experience, however my liquidity is tied up in a separate development initiative. 

Great post, I already here people making major changes to their strategy based on the incoming administration as it relates to not only taxes but other proposals either discussed or used as scare tactics.

What ever the end proposal is.

So my limited experience with a new build did not yield cap ex expenses with what you are proposing.