We did give 50k deposit up front which he says he will use towards finishing up.

We offer 100% financing on both purchase and rehab (loan size up to 75% ARV) but only in 10 states.So if the location and the numbers are right, you can be as low as 0% down.Yes, this kind of leverage does exist on the short-term purchase and rehab loan, and for reasonable terms. 

I see too often investors just want cash flow and they'll end up in not the best parts of town.

Quote from @Scott Petty: @Dean Attali I just came across your post.

To make taxes easier we set up a business checking account and had all the rent paid into that account and all the expenses paid out of that account.

Also the contractor selection will be key.Everything involved in historic renovation comes down to experience and communication. 

Originally posted by @Thomas S.

I have two properties (exact same property just across the street from each other) one is a seller finance that is coming to the end of its contract for balloon payment and the other is a fix and hold Interest only loan that is also coming to the end of its contract for balloon payment.

There is around 500k equity in the property. 150k-200k would get the property fully rented at top dollar with desirable tenants. 100k would get it to where I can rent all the units back out at fair reasonable market rents.

I set up tax lien as a keyword alert so I get alerted when someone mentions them.