@Wai FungMy experiences has been that traditional lenders such as banks will provide a non-recourse loan on a 60 to 70 percent loan to value ratio.

And to your other question - if it is properly installed by a trained professional, it really isn't "cheap"..... but it is far less expensive than the alternative of pre-cast stone in the same designs, or building up that same detail in other traditional methods..... but then again, it is not as strong as stone either.

It's much easier to get traditional financing as an individual...Thanks for all your help!

Property taxes - 105- $3,713.49106- $3,623.85 2016 Operating Income-105- $24,273106- $24,458 2016 Net Income-105- $14,215106- $18,044 Sq. ft.105- 4130106- 4130 Lot size-105- .25 acres106- .26 acres Tax appraisal-105- $215,350106- $210,150 Year built –105- 1995106- 1996 Zoning code- R-4: Multi Family Residential DistrictAge of hvac- original with construction in 1995Age of roof – unknown, no leaksProperty type- traditional townhouseConstruction – brickUnit specs- all 2 bedrooms, 1 and a half bathrooms.

Traditional real estate investing is high risk and time dependent.

What kind of Architect you need and the cost for those services will vary depending on a number of factors including: ARV of the property, style of the home; contemporary, traditional etc, are you looking for full service i.e. project management or plans only, do you have a contractor or will the project go out to bid? 

Sometime it's from one lender, depending upon your relationship, and sometimes it will involve two.More traditional lenders will expect you to invest up to 35% down, and be careful of those that will not allow a second TD, but don't for a minute believe you're stuck here.

Since you've now done traditional and modern, what do you see is the main differences in construction and your preferences?

Is carpeting still popular for the bedrooms as its traditionally been?

Master lease options (small apartments)Here's my advice if you have terrible credit:Don't be real estate investor in the traditional sense where you need great creditBe a real estate entrepreneur where you solve a problem for the home sellerThe biggest problem right now for sellers is to have "no equity"Pretty houses with no equity are great opportunity for entrepreneurs with terrible credit to make some moneyHere is an example:Expired listing, house comps out at 500,000, they owe for 490,000, basically no equity, it was expired because they listed the house for 550,000 and nobody saw the house (over priced house is #1 reason for exprireds, like 80% of the time)Have you got no credit or bad credit and you can't get financing yourself, why not solve the problem for the home seller?