@Masood AminPlenty of private/collateral based lenders who care little about borrower income when making a secured loan.Bringing on a partner is not a bad idea in my experience, however, as long as you have a good deal on hand, you end up giving more of the deal to the partner than you would comparatively with a lender.I've never heard of a private lender charging a risk premium due to lack of employment, learning something new every day!

The elevation of that floor compared to the Base Flood Elevation can make a big difference in the flood rates with some companies.

It's difficult to compare all the nitty gritty.

I understand that I’m the county it maybe hard to find good comparable data; and most of them seemed ok from a novice perspective but one of them was absurd.

That is very different from buying national investment grade credit rated tenants with long term leases so the 2 are not comparable.

Market growth is low compared to rest of nation and CRLTO favors tenants heavily.

With the deal that I’m getting, how good is it when compared to private lending?

So adding the cost of the higher rate payment and the refi over say 30 months, and comparing it to my anticipated savings I can decide if it was worth it or not. 

Here is an overview. https://www.reubenlaw.com/cali...I would also look into utilizing SB35 which is another state law that can get you planning approval within 60-90 days which is light speed compared to the 12 to 24 months it normally takes - or longer if there is community opposition to the project. 

When I initially took over this property over the rent was incredibly low compared to market rent comps.