Most "cash" buyers are still borrowing money, whether it's private or hard and they definitely don't want to get caught in a contraction with a 12 month high-interest loan on their hands.3.

It sounds like you are only selling a partial of the note since you are keeping the balloon.In this instance there is a lot to make sure you account for in the agreement as This can get hairy if borrower defaults1.during the time who is managing it and servicing it?

Our plan for tenants that have been financially impacted by COVID-19 has been to ask them to apply immediately apply for unemployment, check with all local agencies that provide rent assistance,(we provided links to all of the local agencies that provide assistance),  try to borrow from relatives or use the option to pay with a credit card. 

Granted, the borrower also did not disclose it. 

Suppose they borrow $300,000 at 4%. 

You'd rather avoid any debt on your financial statements when you look to borrow from a lender or other payments.

The lot/location will be worth something for a rebuild some day.Secondly, trying to figure out the best way to borrow for this. 

I represent alot of hard money lenders, and the first thing I always ask potential borrowers is if they inquired into all the traditional/mainstream options. 

If they don't follow certain rules on how and when to use the funds then the loan may not be forgiven and the bank will still want to know the borrower can repay.On the retail strip center side most tenants are sending letters asking for 3 months rent relief.

You won't able to borrow 103% of the value of the property.