I am looking at a project that is a historic building that sits in an Acre and is 8700sf . very walkable to lots of amenities,restaurants,grocery, schools, government offices e t c.in the past i have remodeled SFH ,renovated industrial builings to retail centers (sizes up to 15000sf)Project Scope: i am thinking retrofiting and add an addition and have aprox 32 units of apartments with elevator, and finishes stainles appliances,granite tops, study says that target tenants are milenials,retiress and due to proximity to government offices government employees.current rents go for 1bed 900-1000 and for 2 bd 1100-1200 . the sf need for 1 bed is 800sf ( should be able to rent according to the study for $1200)and for the 2 bed is 1200sf( should be able to rent according to the study for $1400)for this area.14 1 bed x $1000 =$14000 x12=$168,000. year18 2bed x $1200 =$21600x12=$259,000 yeartotal yeqarly income $427,000.00 -8%$34,160)vacancy (study says 3% for this area)=$392,840.00 yerly gross income.using current rents for fast stabilization as the goal is a non recource loan.i have couple questions that i would greately apreciate your input. 1)is it worth going after tax credits and how do i find more information?

I'm thinking of using carpet tiles in our remodel of a 1976 duplex.

Secondly, if you had a contract with him and he has breached it, consider talking with an attorney, be make sure not to breach the contract yourself.Third, structure contracts with contractors that favor you regarding when payment is made.On my last rehab I had an executed rehab contract where I paid 1/3 after paint was complete 1/3 after flooring was complete and 1/3 after the kitchen was remodeled.

Kitchen Plan PDFHello,I have a property in Renton WA and I am starting a kitchen remodel.

Remodeling?

I have one window in the tub area that I have already completedly remodeled and now an inspector is requiring the window be tempered. 

It's going to depend on your relationship with the principal, the risk of the deal itself, the LTV ratio you are lending at, things like that.Terms loosely speaking could be: You fund 70% of the purchase price and 100% of the remodel.

(Luckily both parties signed when we did) I contacted a few contractors to handle to remodel.

A recent remodel? 

(For hvac and appliances, we have found small one-man shows to be priced well and easiest to work with) Outside of remodeling, we rarely need an electrician.