Renew the loan but seek additional collateral.  

Candidly, if you need to ask this question you need to be seeking real-world help in the form of a certified engineer or competent contractor.The resources you're looking for start in the international residential code book.

Experienced GC seeking  private investors for Real Estate deal in Georgia on a medium size project 50k to 300K .email ,call or inbox me.

What it shows however, is that there is also a resurgence in the segment of the housing market that appeals to young professionals and others who seek an urban lifestyle, and live in the city by choice, not necessity.Disclaimer: Detroit is very much still a difficult market for the average investor.

I highly recommend seeking out local real estate investor networking events.

Many others are in the same situation as yourself and as a result seek private or seller financing as a result.

I would suggest seeking out a private money source.

We have offices in Orlando and Brevard where we find properties like this, some we pick up and flip them, others we find for clients seeking to benefit from a similar scenario as above.4.   

I am starting a new realty business and seeking out my first investment property.  

I'm seeking an efficient way to take notes as I walk a property instead of writing it down and having messy paperwork.Something that would maybe have an easy way to put down comments on the foundation, roof, etc, with maybe an optional field to add repair cost estimate that it could add all together.