Commercial financing

[Gail Craigthompson]

 I may or may not have a down payment,  but the building I would like to purchase will be a great investment and profitable, I would like to make this building into a upscale rooming house with a beauty salon and coffee shop on the first floor, with at least 8 to 10 rooms,  the building has a parking lot,  price  is $175,000, but I am estimating the rehab to be about  $150,000 and to furnish it another  $150,000, is there anyone that can give me some advice on this project,  a contractor will be letting me know how much it will cost to rehab and the owner is willing to negotiate the price