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Updated over 9 years ago, 07/06/2015
Building a multi-use building
Hi,
I own several SFR rentals as well as a 15-unit apartment building. Along with my architect partner, I'm now looking at building a multi-use, both retail and residential building on a lot we possess in urban SoCal. Is there a book or other resources you can recommend that discusses construction loans, bridge loans, and the final stabilized commercial loan (the latter I am well versed in). The lot is on the order of 12,000 sqft.
Also, does it make any sense to pursue "Affordable Housing Finance"?
i.e.
http://www.housingfinance.com/
Are there government incentives over the conventional construction process?
Thx,
J