In NJ, you need to separate their funds and put in an interest bearing account. 

I’m very excited to finally have the skills, education and courage to start on this endeavor and I can not wait to see the fruit that will bear.

For example, replacing windows in kind, removing a non-bearing wall, installing insulation, repairing siding, painting the wood porch, replacing all plumbing fixtures in the same location and so on.

Prefer to have no load bearing pillars if we can avoid them without too much more cost.We have soil and elevations from site survey just passed to us by the seller so shouldn't be a problem, but we still have to select our civil (should be by end of the week).As per insulation requirements would we have to ask the county or how would we figure that out?

Maybe a high interest bearing account, stocks, or something along those lines?

Looking for referrals to take down a wall (if it isn’t load bearing), match floors on the bottom floor, installation of ductless air conditioning and possible cabinet work.

Even in states where you are you are not required to hold in an interest bearing account, you are still required to hold the funds as cash.

Even if I refinance I would still be way farther ahead than you would be.  Are

Simple laws of supply and demand bear out what he said.

I tend to be a bit wordy with any story I tell, so bear with me as it is a long one.Fresh out of high school in 2006 I was fortunate enough to get started with my Carpenter apprenticeship in the Detroit local.