Looking for private lender open to deferred payments.

[Patrick Malcolm]

Hi everyone,
I’m at Massachusetts base real estate investor actively inquiring value-add residential properties preferably small multifamily. I’m currently looking to connect with lenders open to deferred payment or interest accrual structures. (No monthly payments; interest paid at payoff). What are your recommendations? I’ve only heard of this a few times in the past.

[Stuart Udis]

Why does it have to be a private lender? Plenty of banks offer construction loans where interest reserves are capitalized. Much lower cost of capital as well.  Normally 1 point on the origination and interest rate WSJ Prime +1% floating. 

Here's an example pulled from a term sheet for a current project of mine.