A couple developers we work with skip LIHTC and the tax credits and go the route of impact funds to help alongside other debt and sometimes equity. 

Zero improvements.

THe lender is a credit union and it is a conventional low rate loan.

I apologized and said (and truly meant) I'd follow up on it and improve for the future.

Caution:  Personal credit card financing is a huge risk and good luck finding 0 percent interest today.

Huge thanks to Bo Stevens from Jean D'arc credit union, for helping me get a solid loan with a 6% interest rate with a super smoothe process.

How much of a credit do they offer at closing to cover the servicing fee?

Minimal or negative cash flow in the first year or two isn't uncommon, especially in appreciating markets, but make sure you have a plan to improve profitability.When you're ready to move forward, I’d be happy to help with financing options to maximize your investment potential.Best,Drago Thank you so much Drago!

I suggest 8% for a great credit buyer and higher for one with poorer credit.

University of Kentucky and Lexington-Fayette Urban County Government Land Swap: In 2018, the University of Kentucky exchanged 250 acres near its Coldstream Research Campus for control of several important roads in and around campus, contributing to economic development opportunities and improved urban planning.