How did they perform versus projections?

we did that except instead of renovating it we knocked the existing home down and built a new primary. right after we were completed we had $500k in equity as we acted as the GC on the project. 

The entire project took around 3 months with EVERY square in minus the electrical( some added) being gutted and renewed.

And if they are a hobbyist/part-time builder, then they should engage the proper professionals, i.e. a title officer, civil engineer, architect, contractor et al to assist in reviewing the project's feasibility.

Use the HELOC funds for another investment strategy such as funding fix and flip projects.

Quote from @Clint Miller: Anyone here in the community used construction loans to scale their development projects?

Purchase price: $175,000 Cash invested: $65,000 Sale price: $315,000 This was our second flip project located in Sacramento  Congrats Aaron!

Good luck with the project.

Planner 5DPlatform: AndroidFeatures:Supports both 2D and 3D floor plans.Allows you to scan walls and create floor plans as you walk through a property.Offers a vast library of furniture and decor items to customize your plans.Bonus: Projects can be synced and edited on Windows through their web platform3.

All in all my project we are proud though we fought through Covid and interest rates and have exceeded original proforma..