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Updated about 8 years ago,
Strategy to Renovate Primary Res, Find Finance to Renovate & Sell
Good Morning Everyone,
I am noticing that renovated properties are selling for nice profits in my neighborhood. Per my subject, I'm strongly considering to renovate and sell my primary residence. I would like to get started on the renovations in January 2017 and have on market by March 2017. This will be my first renovation project. It is kind of scary for me considering it is my primary residence. I am a licensed real estate agent and am aware of the comps in my area.
I am hoping that someone will be able to give me some valuable insight on how to renovate, where to find financing and do this effectively and efficiently.
What type of financing are available to do home renovations?
What are the questions should I ask lenders?
Please explain the pros and cons of getting a Home Equity Line of Credit.
Thank you for your help.