I'm a residential investor and am open to creative financing. 

We're developing units in the backyard of a property, with the numbers looking promising:Purchase Price: $1MConstruction Costs: $1MCost of Capital: $200KAfter Repair Value (ARV): ~$3MProjected Profit: $500K - $1MTimeline: 9 monthsTo finance this, we're raising $500K in equity and securing $1.5M in debt.

Selling @ $500k
Lender providing $490k
Can the remaining $10k be carried by seller?
If so, should it be a separate contract? Should it be outside of current escrow? Should the $10k loan be a lien on the house?

I want to know that first and foremost, and then we can have a conversation about what the right call is to make with respect to the underlying investment because I will trust the decision making of a GP with years of substantited experience and a few losses on the board over  th the novice who purports to have a perfect track record. nahhhh .... experienced GP Fund got hammered too because in their 15 holdings or so they use bridge loan and floating. there's almost no such thing as good and bad as it's 90% losing money in there when they are not using fixed debt. it's just simple math. the only way real estate could have better risk/reward is to have long term 10 years or so financing with fixed rate.

I've used a HELOC to purchase a property "cash" that could not qualify for conventional financing.

What are your thoughts on buying with cash to be competitive with the offer in a multiple offer scenario and then finance the property immediately after closing to get the cash back?

I will see your head-scratching and raise you a dire warning of a deep multifamily crash continuing - to the tune of another 20-30% in asset values, perhaps on average, in the US. https://www.biggerpockets.com/blog/multifamily-crash-to-cont...in theory if bond yield is increasing, shorter term financing commercial real estate price valuation should go down, they are working on the reverse.good thing about CRE is every asset class experiences the same phenomenon except industrial because the supply is perhaps limited.residential doesn't feel the same effect of CRE because residential has longer term financing.

MLS How did you finance this deal?

They've always gone above and beyond expectations.A word about finance.

Benjamin,I am not sure if you know this or not but there are a few programs out there that offer Physicians 100% financing up to $1-Million dollars.