Would bank still lend on such a property?

If you have money but are afraid of that aspect of Real Estate you should consider flipping, or lending (to me, at 10%, just saying). 

If they dont mind lending longer term, a turnkey could work, where you pay the loan back monthly with extra cashflow.

I have my eye on a great deal, but the seller isn't willing to wait for conventional lending. 

The license also gives you some flexibility to negotiate with listing brokers because you are entitled to commissions, but keep in mind that any commissions must be disclosed to your investors if you are using private funds to syndicate an acquisition. 

Can you lend any clarity.   

Bring on equity investors to secure the dirt and front the costs associated with getting phase 1 shovel ready. 1a (depending on experience and local lending environment) Deploy additional equity capital to do the horizontal (roads, sewage, sitework) 2.

However, im curious why I was told I could only be lended 80% Loan to Purchase.

The purpose here is to get used to looking at deals and better understand how syndicates might work etc.Thanks

Partial Cashout refi  - take out 40K in equity and invest the money for a couple years in a turn key or syndication to build up our working capital.3.