Feel free to check back in with me.  

It seems like a bunch of people are using Batchskiptracing and claim the data is good but I just saw that deal machine is now including contact data for free.

@Ravi KaruturiRavi, a Project with a $10M “all in” cost will typically support a 70%-80% loan to cost (LTC).This means that you can borrow $7M-$8M which means that you will have to invest an equity infusion of $3M-$2M.More fundamentally, if you are asking a question like this, your priorities need adjusting.Raising capital from whomever, and especially from friends and family must come after you have acquired and can demonstrate the skills necessary to build a $10M ground up development.I believe that if you pursue a plan to raise the equity required that you will find it very difficult to secure bank debt without a track record and or the skills noted above.Feel free to reach out to me if you want to talk.

Cap Rates really don't apply to residential so drivers are going to be much more about credit and value - if commercial, its a whole different thing - more about cap rate cash flow metrics etc

Does the owner of the business always have to personally guarantee the loan with their credit profile?

Line of credit is usually on your primary not on the investment property.

If you need assistance reverse engineering a deal, feel free to reach out, and I'd be glad to help. 

I don't know the numbers on your property, so I'll create a hypothetical:Assume your principal and interest on a $300k loan is $1,263.You're sitting on the potential to get $155k (tax free, btw), but the rate will be 7.5%, taking you're principal and interest to $2,100.Yes, it's $900/month more, but you have $155k of tax free money in the bank.

For a new property, lenders check your income, credit score, and debts.

When applying for a loan for new construction, banks typically look at your credit history, income, and assets to determine your eligibility.