I'm pretty sure he thought that building US style subdivisions with wood framing would revolutionize the Greek real estate market.  

The other outlier is they are located on a private road and taxes are on the higher side.

Currently for Owner occupied I get 4.5 or below and 5-5.25 for investment properties with loans at 300K or higher, Check out a private local bank or chase who matches rates possibly.

The bank will want 20-25% of the total (purchase + renovation) costs as a down payment.Other options are to use a Hard Money Lender (HML) or private money.Other people just pay for it all in cash...

I have a meeting in the morning with a private business owner to see if he wants to get involved in small micro loans at a good rate of return.  

OR do I just say I am being too greedy and work on my current deals and pass this one up and forget about structuring $5k worth of private money or the hefty price tag of a HML?

I'll message you privately.

I had  made an offer on an 8 unit  townhome-style building.

I will be BRRRRing this deal and am looking for a bridge loan with a maximum term of 36 months.I have a Private Money Lender ready and willing to front the 25% DP ($80k).

I’d rather give up the first X years of cash flow to a private money lender (I.e. your dad) for the down payment then get into a fight over thanksgiving dinner about how to run my rental business.