The HML/PMLs generally have more "flexible" or "creative" lending terms (higher LTARVs and longer amort), but the trade off is higher interest rates.

@Beth Anderson mentions a great point that creative financing can be a great option.

They are paid hourly and will soon begin going door to door to offer creative financing deals to home owners.

The Phoenix market, for instance, has been seeing shifts that reward creativity and timing.

I think there are two maybe 3 ways to look at this in my mind.  1) you go into it and bring it all up to modern standards but using that old charm to basically take what is there bring it up to modern standards and rent it out essentially I'm thinking cocktail bar or something trendy like that.2) most banks are on really good centrally located real estate if this is true, then I'd consider it for the dirt, plan to scrape the lot and go vertical with whatever the highest and best use is.3) a kind of combo of the two, if the lot is in a good location and its doable, pull the vaults or other "character pieces" out of the building, scrape the lot, and build whatever is best suited for the site there, but incorporate those historical pieces into the final designs.Is the site near a major retail area? 

In areas like South DFW, challenges like limited inventory and high prices require creative approaches such as off-market deals, foreclosures, or properties needing updates.

Add to this the new rail link from Cancun to Chetumal stopping at Tulum which is planned to open by 2025, at which point property values will soar, making right now the optimal moment to get a foot in the door.Back to us, Lichterman Rogers Development Partners (incorporation pending): We are all set up and ready to roll offering design, management, legal and facility management services, and are looking to find individual investors as well as major equity partners to get our first development off the ground.

You probably did not need to look beyond the creative but unprofessional & potentially offensive business name to see that.

Having worked in corporate architecture firm for 13 yrs before opening my own firm, I understand your basis @Jay Hinrichs and it's totally accurate.

Quote from @Jeffrey Alan Slachetka: Good morning, everyone,I have an opportunity that seems ripe for a creative deal structure.