You have to keep it in mind that commercial means business, so there looking at and funding the business, not the property, not the person, while both are components of the business, it is the business itself they are funding.

Between monetizing the tax credits and getting grant money you might have much more wiggle room with the project than a similar project that is non historic.One thing to watch out for with historic credits is the preservation of interior components.

For newly constructed, purchased or renovated properties and also retroactive generally over the last 10 years, building components are properly classified into individual units of property and accurate recovery periods for computing depreciation deductions.

This can include a rehab component for flip/value-add scenarios.

On the phone, I also spoke with an insulation inspector (Affordable Insulation) who read over the general inspection and provided me a quote to address repairs needed on the household.Based on the inspection reports and quotes compiled this past week, even though some of the household components work, they are old, have had many repairs done on them, and will probably give out soon.Electrical Inspection:About 39 receptacles (or outlets) are not grounded. 22 receptacles are in a single circuit, and this could lead to an overloaded circuit.

But, sometimes what's fair does not align with the best legal course of action.

(this is very important because rate are changing rapidly)Look for agents that align with your interest.

Someone who gets burned out because they did not align their natural compulsions with the right activity will never be able to compete with someone who sustainably loves what they do and would do it for free.

A piecemeal refi like that won't happen, but with a hard money fix and flip loan, there is a rehab funding component that will allow you to get reimbursed along the way (i.e. spend a max 1/3 of rehab out of pocket before getting a draw).

Most investors get forced into true B or C neighborhoods to see a 10% COC return these days, and there still is normally some value-add component to the deal.