Updated about 6 years ago on . Most recent reply
Value Add Renovation Tips
I am looking for some funding tips for the renovation of a newly acquired apartment building. Is the best practice to take another loan, bring in more partners etc?
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Greg Dickerson
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Greg Dickerson#2 Land & New Construction Contributor
#2 Land & New Construction Contributor
- Developer
- Charlottesville, VA
Typically you factor renovations into the equity raise so you will need to raise additional capital for that post closing.