If there’s a repair needed usually they’ll just handle it if it’s under a certain financial threshold o ran emergency.

If it’s a 1910 mansion you obviously need a boatload more to pay for maintenance/repairs than a 2025 condo.

But then spend a day in craft and antique shops nearby and buy colorful artwork, accessories, throws etc. to give the space a local vibe.

So either you pay for the repair out of the idle cash in your account, file an insurance claim and use those funds, or rollover/transfer funds from another retirement account to cover the cost. 

Unless there is an emergency situation, take a lot of photos and call your insurance agent before doing any repairs.

Hello everyone,
I live in Greensboro and I’m trying to decide what is the most financially wise course of action. A real estate company told me the house needs too much work to rent out, and that an auction is the be...

.: Shop around.

Typlcally, a lender is going to lend 75% - 90% of the Cost of the project (property price plus rehab cost (scope of work)) or 70% - 75% of the ARV (As Repaired (as completed) Value).

Frisco might be the new downtown, so people living in Frisco probably go to Frisco for shopping or events. 

Hello, happy to connect and talk shop.