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Updated about 3 years ago on . Most recent reply

User Stats

18
Posts
7
Votes
Samuel Girouard
  • Contractor
  • Gardner, MA
7
Votes |
18
Posts

Renovation loans Help!!!!

Samuel Girouard
  • Contractor
  • Gardner, MA
Posted

Hey guys, 

I recently closed on my first multi family in the Worcester, MA area and have some renovations that need to be done including the roof and minor touch up. I'm wondering what you all have found the best way to finance your renovations as far as home improvement loans or personal loans. I have some money in the bank to finance myself though why use my money? 

Thanks, 

Sam

Most Popular Reply

User Stats

18
Posts
7
Votes
Samuel Girouard
  • Contractor
  • Gardner, MA
7
Votes |
18
Posts
Samuel Girouard
  • Contractor
  • Gardner, MA
Replied

Thank you Andrew. I haven't made much thought into it. I'm not sure if that's the way I want to go as I'm trying to put sweat equity into the building myself. I'm a carpenter and the building has endless opportunity for it though needs a roof that I wont be able to do myself so I'm mainly looking for that. I thought why not finance the whole rehab while I'm at it.

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