A temperate climate enhances the season for outdoor sports, including world-class golf, hiking, biking, and fishing.

I'm considering going to the bank and being completely transparent to ask for an increase in the rehab loan, but they have a much more conservative ARV in their appraisal based on much lower projected rents ($1,400 avg vs the $2,000 avg we're actually getting on the finished units), so I'd have to convince them of the higher ARV.  

My question to all of you is, is this a good idea, if so, what is a good/convincing way to word this and what should I include on the sign?

Can I use 1031 funds to finish my basement which I plan to rent out once finished? 

I'm dealing with this in CT as we speak, I'm converting my unfinished basement to finished. 

.- Projected Finished Value: $750k- Actual Finish Value: I think between $800-$850k, not sure yet.

Share your assumptions below for a tailored model and insightsNeeded: Rent, Rental Growth, Occupancy, Interest Rate, Loan Amount, Property Tax, Maintenance Expenses, Purchase Price, sum of all Closing Costs (including commission), HOA Fees, and Renovation Costs.

Rather than simply accessing part of the equity using a cash-out refi you could sell one of those properties and use the proceeds (now with 100% of the equity available including the deferred tax) to purchase two replacement properties.  

Also, there are construction loans that pay for the entire build project including land. 

I was wondering if I paid the $29,000 difference(not including my percent down) could it still be eligible for a conventional 3.5% down FHA Loan?