We would be able to pay him back once our current house sells and we can move into the new one once renovated. 

There has been several times where we need a few hundred thousand in unanticipated renovations, generally to transform the property into it's best and highest use.In my 21 years of Partnering, which has been a huge success, I value honesty and responsibility to be the most important part of the Partnerships.

You already getting a renovation loan.

I also have a YouTube channel which I do DIY home renovations as well as projects like restoring a 1985 Bayliner boat. 

We told him someone was on his way to check it out, the thermostat was damaged, but I told him we need the apartment to renovate.

Im actually renovating a Duplex into condos right by your property, mine is on market st.

I'm thinking ahead and plan to complete some much-needed renovation.

His name will be on the loan but I'll be doing all the management and renovation.  

Yikes... this makes me worried we didn't get renovation insurance overall.

We own our heavily-renovated, very nice 2BR/2BA with detached office space in the highly-desirable neighborhood of Silver Lake.