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Updated over 2 years ago,
Experience with RenoFI?
Hi all,
New to the BiggerPockets community here! I am looking at potentially building an ADU on my property. While I was exploring HELOCs, cash-out refinance, private lending, hard money loans, etc., RenoFi came up as an option. It's an interesting option for HELOCs and cash-out refinancing for building an ADU where their lending partners consider the future loan-to-value (LTV) of the property after building the ADU. Does anyone have experience with RenoFi? Being able to use the future value after property improvements is appealing.