That said, weigh the cost of renovations against the potential increase in appraisal.

There are plenty of mood boards and renovation material ideas on there. 

They tend to avoid properties that need renovations.

I’m interested in using hard money for a BRRRR or flip project, and I’d like to take the first steps toward making this a reality.

Fun reno project scheduled!

However, if you want long-term stability and predictable payments, refinancing might be a better option, especially for larger projects.

Hi Jonathan,Congrats on your first big renovation deal—it’s an exciting challenge!

Hello everyone, I am reaching out to the BP Community for suggestions.My Portfolio100% owner of 7 SFH PropertiesGP in about 30 SFH properties(of which I own somewhere between 25% to 50%)All but two properties are managed by a PM CompanyNet worth of the above is about $2,000,000 - $2,500,000My IssuesI have many SFH's - Which take up time(Currently spending time paying property tax and insurance, requesting quotes on insurance policies and overseeing the PM Company(approve rent increases, approve renovation projects, etc).They also take up head-space(having to remember property addresses, remembering when property taxes are due)(I have reminders/systems but something I would like to reduce)Goals1) Spend less time on Real Estate2) Free up head-space2) Make $240,000 annually from real estate(Which I think is not to hard if I can increase my net worth and can get an 8% return)Possible Solutions1) Sell all the SFH's and buy 4-Unit Properties to take advantage of conventional financing2) Sell all the SFH's and buy one large apartment complex3) Sell al the SFH's and invest in syndications4) Sell all the SFH's and purchase stock / bonds5) Continue to hold all the SFH's6) Any other suggestionsOther Considations1) Should I consider private notes?

Even if they do, they also may not let you borrow enough to purchase and renovate a property.

@Landon Sheveland  don't think your renovations will overcome a bad location.