We're looking to renovate something before the end of the year to accomplish 2 things: 1) Improve home value so we can get appraisal, refinance and leverage that to buy a new property. 2) Take advantage of the tax credits that are out there in 2024 before the new year or is it better to wait until 2025 and just hold onto the cash I have at hand.Here is a list of renovations that will need to be done eventually:*Brand new basement kitchen (cabinets + add seating area - we already have brand new dishwasher, fridge, gas oven)*New standing shower in the basement bathroom*New Siding*AC/Furnace for unit 1 are close to end of life but still functioning*New Fence/landscaping*New Windows for the basement*New Garage (unstable, concrete shifting, very old)*Solar Panels on the roof (There is a $0 down payment lease option w/ sunrun, but I'm hesitant to move forward)*Renovate master bedroom closet for tenants (it is old & has built in entertainment center that is very dated)*Repair Catch basin*Adding better drainage system for back door.Greatly appreciate any help, insight or advice!

The price of the option, paid for by the potential purchaser of the property, is agreed upon and set and is non-refundable.Some sellers MIGHT credit the cost of the option back to the buyer of the property upon closing, but any details of the option may NOT refer to any lease.Why? 

We're going to furnish the property and I was wondering if anyone has done this, and if so what credit card do you recommend?

Since you pay the PM for their work, the application fee should only cover the actual costs of pulling a credit report and background check.

Unfortunately, you must refinance the property completely with a new mortgage in order to pull equity out (or pursue a line of credit with a local bank). 

Hey Tony,None of those are bad options, honestly if you have paid off investment properties; the best terms are probably going to come straight from a cash out refinance.Line of credit is a good option due to only paying on what you use but if your planning to start construction immediately I would go with the cash out, its going to be less headaches as well.

I wanted to consolidate banking to a credit union as I am investing much more in real estate and SMBs.

If so, you should not be paying taxes, rather you should be getting credit for prorated taxes from the seller on your closing statement.Then, when you say you are closing the property on June 30, I assume you mean you sold it on June 30.  

Anyway I want to flip it and was wondering if anyone knows of a lender that can do it in a week:.. my credit is above 700.

The internet and video calls make the world pretty small!