I am wondering what is the best course of action to obtain financing.

In most cases it is the contractors responsibility to obtain permits.

I've since become more interested in obtaining a commercial loan with 70% non-bank lender, 20% seller carryback, and 10% down payment. 

I would like to share a brief about an intriguing investor in the real estate business: Antonio VelardoRemaining humble and grounded might be just as challenging as obtaining riches and success.

I have good credit, so I have no problem with obtaining financing personally, but so far most banks say I have to wait 6 months before they're able to refinance.Any suggestions or recommendations on who I can turn to for a commercial loan?

The person you are describing may have the ability to accomplish the work you need done but without proper licensing and insurance he will not be able to obtain the required permit(s) and inspection approvals.

@James DanchusA buy and hold investor will be more interested in how much cash flow they can obtain from that property.

But they'll take more time than searching MLS and likely at least some money to obtain and work through the leads.I have two final pieces of advice:1) Contact a hard money lender and see if they will underwrite you a loan for the project.

We are looking to obtain a loan based on net rental income, not tax returns and bank statements.

"How do I obtain my first property?"