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Hello BP, I have a dilemma . I recently submitted an offer for a house: 28k and it was accepted. I had some GC to come through and look at the property and estimated about 30k worth of renovations. The mortgage len...
With some often overlooked home renovations, you could boost your property’s value by tens, if not hundreds, of thousands of dollars. But which home renovations have the best bang for your buck? We’ve got pro house fl...
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I own a house with good bones and no mortgage. It’s appraised at 500k, I have plans drawn up for a renovation and update between 150-200k. This current house is going to be my long term house, but at the moment I tr...
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If you were to choose; to renovate your existing house (complete knock down) to add more rooms and value to the house (with no additional doors to add to the property)? OR wait for the housing market correction and i...
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Hey everyone. I came across this site and need some help. I have a client looking for my advice but I haven’t come across this specific situation before.A newly married couple (both first-time buyers) went into contra...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Fairview Park.
My primary residence. A duplex house hack in the desirable Fairview Park Neighborhood.
What made you inte...
I'm looking to finance a renovation of my primary residence and one of my lenders is telling me that if I spend $150,000 on a renovation, I can expect it to add $50,000 or so of value to my home. That seems too conser...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $25,000
Cash invested: $35,000
Nice 2 unit house located in a good are of Cleveland that's close to major wo...
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Hello, we completed our first house flip recently. We were doing it as our first foray into real estate investing for my husband's carpentry and renovations business. Did not charge HST on the sale of the house. Do...
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I found a house that needs maybe 20% more renovation needed to be able to rent it out, but the mortgage officer said that would require a renovation loan instead of a conventional loan because the state of the house i...