Hey I'm looking for any creative renovation financing products out there.

When you say over-funded a lot of times people are talking about over funding an IUL which when taking loans against can be a very dangerous product.

Also if you are raising rents by 40% in a down economy with rental rates starting to soften you will need to differentiate your product and keeping wall panels is not a differentiator.

Don't get busy doing the administrative work do the productive work is more fun.Regards,

Rates, fees, loan products and guidelines are not the same lender to lender.

Next thing you know I had spent years blazing through a dozen plus strategies, survived the mistakes, and found myself in ownership of a remodeling firm again, a lumber yard, 2 home improvement product lines, consulted to hedge funds, worked in syndications, and it was like a blur. 

DOESN'T WORKSo why would you label something as "it works" when there is no consistency, no reliability and no predictability, with a success rate of less than 3%?

HI Laurie,This one is going to be a balance of home sentiment, personal financial confidence based on your particular situation, and the choice of product.Choosing the right product will also be based on your perception of financial risk and your goals as well.A line or HELOC has its pros because you only pay interest if you use it which is nice because if you dont use it you dont pay anything other than the 0-75 dollar admin fee (most heloc’s have this and some dont just make sure to leave it on auto pay to avoid forgetting and incurring a late on your credit report).The downside with the HELOC is the insidious variable rate feature (margin + prime which is currently at 7% as of this writing).

@Mark Small, you’re on target that standard VA home loans are intended to put military members and veterans into move-in ready homes that don’t require significant repairs.There is a separate loan product called the VA Renovation loan, which essentially packages a home purchase loan and a home improvement loan into a single product.  

Also, maybe important players such as the architect, contractor, and others should be investors in the project, believers in the vision and they’ll have skin in the game so the product will be made well.2.