From what I have seen rates can be very expensive and the advice can be too general.

Hopefully, someone in here is near that area who can help.

But, a non-favorable catch is the requirement that Hometap becomes your financial power of attorney over the asset, in the event of default or a breach of contract where they can transfer the deed of your home, and or sell your property without your approval(cost, fees, time)Below is a situation I'm trying to evaluate.

Ensure that the updates are of high quality yet within budget to maximize the increase in value.When it comes to refinancing, after completing the renovations, you can refinance your home to access the created equity.

My tax person says I can deduct a % of the repairs I've done based on the SQ Footage of the basement unit.

I've told my wife I'd rather cut the losses at this point since now we have to refinance again, pay about $10k-$12k of closing costs, find a new general contractor who can work with us in a timely manner, and still the run the risk that anything can further go wrong.

Can PM me also.

Consider how it will be used and if the floor can function as storage, rec room, family room, extra sleeping space, etc.From what you've shared, my concern would be the "hills" that may cause a tripping issue.

I can make money or more money than most sponsors on my own deals of course those are not passive..

If you have any questions about listing your property or how we can help you, feel free to reach out.