@Kadeem Kamal - Congrats on adding value and creating some solid equity in recent years! 

We half-finished the basement, adding drywall, paint, and trim.

I just added laundry to a unit and need to update the lease with a laundry line item.

We've owned this property for 15 years and only once had an issue with a tenant who claimed they weren't informed that it was oil and threatened to sue due to the added expense.

In the case of a HomeStyle Renovation loan, your lender might have added PMI at the time of the loan because the LTV was higher than 80% at the time of the initial loan and renovation.PMI Removal After Renovations: If your LTV has dropped to 73% after the renovations (meaning the value of the property has increased substantially), you may have a legitimate case for PMI removal.

Added a bedroom and bathroom.

Helping others and adding value should be at the top of their list, not making another dollar!

However, make sure to check the program’s guidelines and requirements—sometimes there’s added paperwork or inspections involved.

We added some instant value to this one, changing fixtures, adding accent walls, and altering kitchen cabinets.

Completed the reno and did a cash out refinance in June 2024 to 8% and added an ADU with the cash out.