The home i live in is a low interest loan and i only owe another 40k on it, will be paid off within 4 years.

What are some banks/lenders that have loan products for development/new construction projects (building from the ground up)?

You should have some serious conviction around rents and model the refi at year 10, even though it’s a 25 year loan.

@Dan Fritschen, can she find a loan and refinance out some cash instead?

.* How does it benefit the buyer when the owner carries the loan? 

Among the many real estate hats I wear, or have worn is negotiating short sales and loan modifications.

It is fairly easy to get a loan modification or other alternative to foreclosure (Assuming its Fannie/Freddie, which is still 70% of the market) these days and values are not declining so, its not like we were chasing values down like we were 08-16."

It is currently on a conventional loan with over 20% equity.

I was a bit interested in Assumable a loan for a property and know about most of the details, as well as bringing extra money to the table, I just wasn’t sure if I would be able to assume an FHA or VA loan if I already have both and the VA entitlement was already maxed out. 

Read everything that @Henry Clark posts, all of the information is in his posts.Don't get burned on the PSA or loan docs.