Offering prime +.5 and 30 year mortgage with no balloon. 

I would talk to a local bank or mortgage broker to see what you can get for a loan first and then go from there. 

If you are considering working with them, I strongly advise you to double-check the provided rates and terms carefully.During my loan process, I discovered that they had added a yield spread interest without informing me. 

.: Hello,I'm new to tax/mortgage surplus funds retrievals, and have been in contact with a homeowner who is willing to work with me.

Super low vacancy rates in SD, even STR's. 

I'm a Commercial Mortgage broker and would love to connect.

Conventional financing is a great place to start as the interest rates will be lower. 

Then, you could refinance into a conventional mortgage once the home is built.Would you like any recommendations for lenders open to working with owner-builders?

Be sure that you are honest from the jump, your estimated rate are only as good as the info you give them.

My interest rate and purchase price wouldn’t allow for positive cash flow unless I charged an unreasonable rent—or put about $500K toward the principal, which isn't ideal.I’m a high earner, so I’m weighing my options:Take the loss ($60K-$100K), buy another house, and chalk this up to a hard lesson learned.Refinance, put more money into it, and rent it out long-term—even if it’s not immediately profitable.Invest my money elsewhere and try to make peace with staying here for several years or just move.Would love to hear thoughts from anyone with experience in real estate, financial strategy, or noise mitigation.