Things like Hard Money or Bridge Loans or Renovation loans all provide us monies to rehab properties. 

There are acquisition/bridge loan products that provide financing of existing market rate developments that will be repositioned as affordable housing developments.

HELOCs are best as a short term strategy, imho, similar to a bridge loan...but at much lower interest than hard money.

Some Bridge lenders will allow for a 100% CLTV for the right deal, but I only recommend this if there is a forced appreciation play to refinance both mortgages within the next 12-24 months.Be forewarned, non-bank lenders who allow this 2nd lien leverage are going to be higher rates.

-Precious Metals (Gold/Silver): Insurance-Opportunistic Bridge Notes / Rescue Capital: Clip 6.00-7.00% on the note plus fees on distressed value add multifamily.

The new spending consists of:$110 billion for roads and bridges.

If you decide to go the "bridge loan" AKA hard money route in Phoenix, I suggest exploring BE Lending.

From where you are we are just a bridge away and there are some great areas in So.

@Serge S.I cannot tell you how many calls I am getting from people on “what to do” because they are receiving capital calls from their syndications.For anyone as a LP, if you are in a syndication where their is bridge lending or the rate was floating, I strongly recommend you reach out and get info on the financials and how is the asset performing

One did a bridge loan which was interest only for the rehab with 30% down.