Typically you will want local credit unions, small banks (not the Chase's or Bank of America's), google private lenders, etc.  

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My practice was commercial and institutional architecture and I specifically avoided residential because the those clients typically had no clue how much it actually cost to produce a solid set of plans that gave contractors enough information to give solid bids.

Hey folkswe have been buying houses and doing brrrr and has some questions around taxesWe are spending around 25-30 on each house but was curious if this all falls under capital improvements or do you class it as repairs and do immediate deductionsI know new roof and appliances are typically depreciated but what about a shower that has mold stains in it that we replaced.

I believe the work I put in is so worth the equity received.

There are a couple downsides to multifamily house hacking though :1. they typically can take some money to get rent ready b/c they are typically sold by investors as previous rentals2.

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Hi Arshiya,Typically a Hard Money Lender will look at your:Down Payment (assets/liquidity to put into down payment) - 20-30% for first time investorsProperty value and After Repair ValueRehab Plan and Timeline - detailed rehab plan with realistic timeline and budgetExperience - not necessary but helpsFinancial Strength - credit score, track recordsExit Strategy - how you plan to pay the loan off

It explains the response I received from the mortgage broker.

One anecdote typically does not prove a trend but my 23 years of experience has been consistent with the following real-life examples:I purchased a small 1,500 square foot home in Mill Valley in May 1997 for $445,000.