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Updated about 11 years ago,
Mortgage vs Renovation costs
Can someone please explain how to pursue financing for the mortgage versus financing for renovations/improvements? I understand that you can obtain home improvement loans when purchasing your primary place of residence...does the same apply for an investment property? In other words, when seeking financing for a property should I be applying for the mortgage plus improvements, or should I be looking to obtain two different financing options? Please excuse my newbie question, but I could use some help understanding this. Thanks in advance for the help!