And then they'll likely charge you 3 points and 10 to 12% interest on the construction loan for a 9 or 12 months period - with 3 month extensions.That is what you'd be looking at with the national lenders. 

It appears the issue was discovered and remediated quickly, so it's doubtful the tenant was exposed to anything in significant amounts or for long periods.

We could see less homes come on the market as well as duplexes that sit for longer periods of time before going into contract.

Additionally, it can help maximize renovations and improvements.A Cost Segregation study is an IRS approved federal income tax tool that increases near term cash flow by utilizing shorter recovery periods for depreciation to accelerate return on investment.

If you don't, they will work with you as long as it takes to make 50k and you keep all of the profit after the 12 month period.

What happens if a flood or fire occurs to the property during the redemption period?

I found this deal through a relative, we negotiated without an agent through a period of x months.

Colorado is considered a “caveat emptor” state, aka buyer beware so the onus is mostly on the buyer to uncover any issues during their due diligence time period.

If you wanted to pull funds out of this property next year, then I wouldn't recommend it because these loans have prepayment penalty periods.

You need a great agent to sell the place for you and not allow the listing to sit for long periods of time.