There's money to be made renovating cheap, foreclosed homes in Milwaukee, but hard-to-get loans are keeping contractors out of the market.

"It's a great idea to buy foreclosures, rehab them and hold onto them until the market goes up," said Cindy Kuhs, co-owner and president of Kuhs Quality Homes Inc., Greenfield. "It's a great idea, but we can't get the money for it."