I'm not sure about construction loans, but the local banks will be your best bet.

If they have gusset plates then I would bet they should be replaced if they have signs of high heat damage. 

I'd use at least 8-12 months to budget for your schedule before you can even break ground.In terms of financing, I don't see how you can make it work with hard money, so your best bet is to find a partner, especially someone who has done this type of work since banks want to see a track record with experience. 

I bet that will be hard to find even with a major rehab. 1% rule is 10 Cap + or thereabouts.

View report *This link comes directly from our calculators, based on information input by the member who posted.

View report*This link comes directly from our calculators, based on information input by the member who posted.Hello, Newbie here with a request for help for property analysis.

A couple of other 'side benefits of hold in retirement accounts are that in general those accounts are more protected in bankruptcy or lawsuit cases, and if a person has college aged kids assets in retirement accounts are not counted towards financial aid calculations in many cases (but not all). 

View report*This link comes directly from our calculators, based on information input by the member who posted.What would you do?

The lady across the street from me is planning to sell her home come Fall, I told her to contact me before she puts it on the market and she agreed.Now I ran the numbers, checked rents in the area, and calculated my ROI.

@Costin IorgulescuThe IRA LLC may be you best bet to control custodian fees.