@Chris Ruoff I have seen some pretty strange properties with conventional financing.  

Chris, I see. 

Chris,  I have lent on similar projects in the past so it is possible.  

I wanted to add on a little to what @Chris Mason said.  

@Chris Shuptar I would certainly shop around.  

@Chris V.Check with the Post Office but I think if you send it certified and mark it "address correction" they will send you the forwarding address.

@Chris Seveney Yes would you message me privately your referral? 

@Chris McCormackGreat point, Chris.

@Chris Seveney We have done the perc test for the land as we expected this may be an issue but the county has not had a clear answer for what they want for us today until today.

@Chris SeveneyHit enter too soonWhat I was going to write was one of the biggest omissions I see when people do their due diligence is understanding tax consequence.For example if a sponsor is paying as a dividend which is taxed at dividend rate compared to ordinary income on a k1 that can have significant consequencesIf you are in the 37% bracket and were looking at a 10% return ordinary income it’s net less of an 8% return taxed as a dividend.