This varies by the lender.

It's advisable to work with professionals who have experience in navigating this process, such as historic preservation consultants and tax experts.Timing: The timing of when you claim the credits and how they impact your tax liability can vary.

I have seen some amazing deals around $100,000-$500,000 for 5-16 unit properties depending on the city. 

It depends on your overall goals and if you have the time and money to put into finding off market deals and knowing they will pay off it's a good use of time.

@David Yandel Regarding your question, it would depend on your immediate goals.

The other part of my response is it depends on the business model you want to use. 

Depending on the property and the deal, an experienced investor may want more than a 30% spread (and in some deals, they may be willing to take less than a 30% spread--for instance, if the property will produce incredible cashflow after rehab, they may accept a lower spread). 

Depending on how much you pull out your Heloc the rate will be between 9.75% to 12% on a 15-20 year loan. 

Hi Austin,It all just depends on what the seller is willing to offer for rate/terms, and how this compares to traditional financing options.

Really depends.