There are a couple hurdles you may run into here.I see many appraisals as a bank regulator and have looked at a lot of different options for cash-out financing as an investor.

The same issues apply to refinancing mortgages.The same basic guidelines are used by portfolio lenders, but they can make some exceptions that are still prudent.These are also the base line used to determine other lending issues by the regulators, CFBP, HUD or conforming debt obligations in predatory issues.This is a good example of a seller financed note being required to fit into generally accepted practice, where all mortgage financing requirements must be working in concert with other each other instead of having odd or non-compliant parts.If a concert band is going to play the William Tell, the trumpet section can't be playing the Stars and Stripes.

We have a lot of success in other States, but GA regulators make it hard in that State.

The issue will be identifying which commercial zoning category you need, highest and best and then getting with building regulations and seeing what the degree of rehab will be required.You can't know what the rehab costs will be until you know the standards to be met in the rehab.

Several options for just grass or dirt, depends on zoning and building regulations, here any ongoing business would require a paved lot. 1/4 acre is not big, but it's big enough for small gatherings.

I do work in bank regulation in SF, and have seen Yellen speak, but I was just joking about her.

With Ladybird Johnson and the Highway Beautification act in the 1970's, billboards became so severely regulated, new permits are extremely difficult to come by.

Points can only be charged by institutional or regulated lenders, you buddy can't legally charge points.

I reviewed appraisals as a regulator and each time we'd get one for any loan purpose.

If I start a ROBS using a template provided by a perfectly compliant promoter, I can still (very easily) run afoul of IRS/DOJ regulation.