I represent a development in the Florida market, yes that depressed real estate market.  It is a brand new condo-tel and all of the borrowers have 30% down on contract, over $130,000 down each.  These buyers are all foreign national buyers mostly from the UK.  Very solid people that are buying this as a second home/investment.  Problem being that this type of financing has dried up during the credit crisis over the conventional means.

Eventually this market is going to turn back upwards and this is an opportunity for someone to come in and assess this risk and fund these loans.  There are over 171 units and they are all pre-sold, and it is a magnificent property to see.  I have exclusive rights to this development to secure the end loan financing. 

I am thinking outside of the box on this one.  Any of your expertise and insight is greatly appreciated.