I have landlord knowledge, I own LTR’s, just not on this scenario.A simple introduction letter will suffice.

@Travis Beatty - I am not particularly familiar with this paragraph specifically so I am going to work of the example you provided in your question.First - the 5 years of interest only payments are income the lender has already received (or the borrower has paid).

Hello I'm Jiminia and I'm new to real estate investing. I'm just looking to learn everything I can to see if I can do it successfully. 

Matter of fact there is an expressed prohibition in Paragraph 26, (Special Provisions) against inserting Lease-Option Or Lease-Purchase Clauses without the advice of counsel. 

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $700,000

Cash invested: $800,000

I operate a retail business on the first floor of this mixed use building a...

@Jace Holt - I am having a bit of difficulty linking the first paragraph about providing Mezz financing vs. equity to the second about taking over construction and how they interplay.   

Hello everybody! I created my bigger pockets account approximately 3 years ago, I am looking to invest in Cleveland, Ohio area. I have a great property that is owned by a family member. I would like to BRRRR this prop...

The only thing I can add is to speak with an investor minded lender who can review your financials and perhaps help strategize and layout a game plan to move the ball forward.Let me know if you'd like an introduction to my preferred lender who happens to be @David Greene's lending team.

Does the fact that I will have this income on the property during the reconstruction process have any bearing on whether or not I can deduct the types of expenses in the paragraph above?

I linked that file off my BP profile 1st paragraph.