I am thinking about using hard money to fund my new build but once completed refinancing thru a traditional bank to get a longer loan and a more favorable rate.

Our low cost living, weather and current interest rates make for a very interesting investment in the area or in Florida in general. 

I was able to find a few lenders that would be willing to finance the project, but after breaking down the numbers I found that this project will not be feasible given the current interest rates and market rent.

@Steve RiesterAre you looking to have someone fund the entire project including the downpayment? 

When the realtor percentage rates first hit there was a couple posters on there acting a fool.

I dont mean to be blunt here but these all feel like questions that your agent should be giving you guidance on since they know the details of the purchase, the comps, the interest rates, the projections for your investment etc. 

Locally the COVID relief fund is called CERA and it pays all back rent, 3 months of future rent and utilities.  

You can potentially look for "hard money" lenders which will typically have looser barriers but the rate and fees are going to be much higher than conventional. 

Unless maybe because he has those funds in his business account it’s considered an asset on his PFS until he has to pay it back? 

It seems there are a lot of scam website sites out there for flipping houses and finding funding.