I have 120k in cash that I planned to use for the remodel.

[Nathaniel Epps]

I'm planning on remodeling a home. It's currently a 3/2 that will be remodeled to a 4/3 in a great neighborhood. I've listed a few questions below. I have 120k in cash that I planned to use for the remodel. And then either do an SBA loan, seeing that this home is going to be a Residential Assisted Living Care Home (RAL) to get my money back, or do a Cashout Refinance. But would it be wiser to use a rehab or hard money loan and keep my money on the sideline?

[Sendhil Krishnan]

I would definitely try to maximize the number of bedrooms in the house as you will get your biggest bang for the buck. A private room will also command more than two people in a shared room (in most cases.) Are you not able to increase to 5 bedrooms if at all possible? You will recoup the initial cash investment (ROI per room created) with a full RAL home. Congrats on moving forward!