It may be a bit out of the ordinary for the mez debt and equity to be held by the same person, but not unheard of; however, the lending norms are a totally different ball game.

Management for 5% is unheard of more like 10% or more.

In NY and NJ it’s not unheard of for a debtor to drag out a foreclosure 7 years or more!

My crappiest property costs me almost $500/month in taxes, and it's not unheard of for a multi around here to have taxes around 10-12k per year.I'm currently entertaining the idea of moving into the Manchester market.

1 point for a bridge/hard money loan is pretty unheard of unless you're doing significant volume with one particular lender.

@Sam Ng  those returns aren't unheard of but depending on where they are investing that's a pretty high CoC. 

What is so common that "everyone knows" in one area of the country is unheard of in another.

What I can tell you is that 1200/mo isnt unheard of. 

It's not unheard of for return of capital to be the next step in a waterfall after the preferred return hurdle is satisfied. 

Many of them are unheard of by the average investor.I tend to follow Dyches Boddiford, Pete Fortunato, David Tilney, Gary Johnston, Bill Cook, Jeff Watson and John Hyre.