These can sometimes have more flexible terms than standard construction loans, especially if you can demonstrate strong income through your bank statements.

Here's the thing about ALE and similar agencies: they can be a goldmine, but you need to adjust your approach to meet their demand sweet spot.

Basically all up and down the mid west markets.but you get to other areas of the country were used houses sell for more than New construction  and there are low inventories etc.. and trying to talk someone into a lease with the option to buy  is much tougher to a basic non starter..

So I think the operative wird is balance.Note - Most of my career in Construction was spent working for exremely wealthy people that you speak of. ($12 mm dollar houses and all that....)

Cost of construction keeps going up so you need to spread out the cost over multiple units.

@David Kanarek, @Domingo PerezIf I'm wrong on the underlying investment types, please adjust and respond.Understand the underlying investments are Crypto trading, Broadway shows, and defunct Brands. 

For perspective, last April I closed on a new construction loan (build to rent) with a turnkey company there (Rent to Retirement).

Extremely helpful and constructive post. 

It’s easy to manipulate projected returns by making a few small adjustments in the underwriting and proforma.There is nothing guaranteed with any investment.A few additional comments:1. 

Example I think an S&P index funds are a bad “risk adjusted” investment.