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.

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

There are common daily repairs that need to be fixed (leaky toilet, refrigerator not working), and then there are larger Cap Ex things that will need to be done down the road (new roof, flooring).

My town has permits just to replace a toilet, no one can conform to some of those requirements and stay in business.

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 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?

White against dark floors and dark doors looks good at least in my head.Are there recently remodeled homes or new homes in your area being built to get an idea of what they are doing?

it needs a kitchen sink, kitchen cabinets, some areas painted, 2 interior doors, laminate flooring replaced in bathroom, new toilet, new bathroom vanity, new shower door.

I can almost guarantee you the toilet has never been cleaned.