Hey Chad - Not sure if you're still looking, figured I'd post for you and anyone else that comes across your post...80% LTV is an option with no seasoning if you've completed verifiable rehab to justify using the appraised value over purchase price.

I mostly advise people to buy in post 2000 construction unless they can get very comfortable with a particular building and its finances and board.Quote from @Jay Lutz: @Christian Busch @Khalid Bryan How do you think the changes to the condo association inspection reporting and reserve requirements are impacting the market?

(Can I brag here and note that I posted the same theory three years ago?

Those fields would be relevant if you were taking out a loan on the property.  

The list of employees is displayed down the right side rather than forum posts allowing you to connect with everyone in that company all from one location.Anyone can create a Company Profile, and Pro members have this information displayed in their signature, along with their logo. 

What's changed since your post?

Originally posted by @Matt K.

And with the post declaring that LVP is just a plastic covered picture posing as flooring!

Originally posted by @Carini Rochester:While I have not heard the term 'paper lot,' I'll take a shot at it.The subdivision has been engineered, drawn, surveyed, approved by the municipality, filed with all offices (D.O.T., county surveyor, water district, etc. but no work has been done in the field.

There's already post here with a response a few down that covers the types of forms that you should be using: https://www.biggerpockets.com/forums/49/topics/413352-private-lender---forms-requiredTypically, the lender (you) provides the forms after their attorney drafts them, but the borrower (your friend) would pay for the cost of doing that.