Do you think that maybe people here don't actually want to be productive?

@Pete Harper As of last week, I would have told you that you could probably match/beat that rate but on a 30 year fixed rather than the 5/1 ARM for a similar commercial/private product but any loan like this will need to be revisited in the next couple of weeks as non government backed lenders across the country (without exception) will be making modifications to their pricing/guidelines based on the domino effect caused by this stimulus package. 

HOWEVER, there is a finite amount of condominium product on the strip- which could in return provide upside in appreciation.Please feel free to let me know your thoughts on the above.

@William Tomp, yes 90+% is ideal and shows that generally supply and demand are in balance, really more like 95%, but when you start getting above that, you can bet supply will be growing quickly as everyone is looking to bring new product online.If the market is really low, it is clearly oversupplied, and knowing which side of that trend you are on is important. 

Do you know anyone that has the products you mentioned that can actually fund currently? 

Find out the basics of the products they can offer, i.e., down payment, terms of the loan, DCR requirements (global and on the property), costs of the loan, interest rates, amortization, etc.

It does not require any other provider of a service or product that people use to be provided for free for three months with no reimbursement.

No, it is not.They are not 212 taxes as it is not yet carrying on production of income.

More importantly, principal pay-down is one of the key accelerators in wealth creation in real-estate.

The stock market felt "over priced" for many of them and other fixed income products offered far less upside.