Are you suggesting this wasn’t a result of pent-up demand but rather due to some other factor?

It is currently a glorified finished attic with little room- Use addition and raise it up and extend it to the side of the home for more finished space and room for deck, washer/dryer room etc- Make the living space as functional as possible with the added sqft- Add outside living structures like deckThis is a fairly wealthily area and I want to maximize my ROIWhat are some things you recommend for a large scale project like this and what are some hurdles ?

I want to refurbish the entire house, including a complete kitchen and baths renovation, add an addition on the east side, new roof and siding, new flooring everywhere, paint inside and out"Then ask the GC to go over and put this into a more formal document.

Rates are pretty high (12-15% with an additional 5% of the loan paid at maturity).

New roof, interior & exterior paint, finished additional living space What was the outcome?

I have thought about renting out my primary residence because I could potentially have someone else paying my mortgage and the rental income would pay the mortgage and also put about an additional 600 month in my pocket.

If the numbers still look solid after you factor in those taxes, then it's probably a smart investment.

Another avenue would be to call your utility companies and ask about installing additional meters.

We plan to register an additional LLC (of the investor) that will hold 50% of the property.

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