A couple of weeks ago, I came across an awesome off-market deal on a hundred-year-old house a few weeks ago and thought all I had to do was renovate it and I would have myself a nice little home to live in long term.

Renovations and Repairs- The property is  a ~100yr old brick  building and will require some work before its rent ready. 

Here's a quick summary of the Fannie Mae Home Style Renovation Loan:The Fannie Mae Home Style renovation loan program can finance the purchase and renovation of a home in one loan.

So a lot has happened since I last updated you all, well not too much has happened, I've settled into my personal home that I bought, renovated it and for the first time in my life have a place to call home that I actually OWN!!!

I'm looking at properties in the Pittsburgh area as well.Now that a year has passed and you've likely gone through a renovation process, how close or off were these estimates to your actual rehab costs?  

My question is can I purchase this property, renovate the top two units and just leave the basement as is?

But when the two elevators went down and we realized we were barely able to make DSCR and weren’t cash flowing enough to cover long term major maintenance and cap ex, we had to pivot into Plan B.in regard to renovating in a partially occupied building, it’s a nightmare.  

@Shiloh Lundahl Understood, but I wouldn't refer to buying and renovating $250k SFH's with hard money financing unconventional real estate investing.

Scaling with Business Lines of CreditAs your business credit grows, you’ll qualify for larger funding opportunities such as:Business Lines of Credit (LOCs): Flexible borrowing for down payments, renovations, or operational expenses.Unsecured Business Loans: Access up to $250K or more without tying up personal assets.These financing tools allow you to scale faster while keeping personal credit utilization low.5.

I am new to the real estate game and got my foot in the door by purchasing my first property as a live in renovation.