But how will you fund that reno is the question we are asking today. Because finding the funds for a renovation can be a difficult and complicated process! There are many options to consider and yes, it can be daunting. Today Rebeka takes you through some of the options to consider to make it work for you.
WELCOME TO SEASON 3 | EPISODE 35
BUT HOW WILL YOU FUND THAT RENO?
LET TALK DEVELOPING AND FUNDING
FUNDING CAN BE REALLY COMLICATED
Finding the funds for a renovation can be a difficult and complicated process. There are many different factors to consider and it can be really daunting.
in this podcast we are talking about how you can fund that reno
In this episode, Rebeka discusses the options available to you when you’re looking at securing funding for your renovation. Whether you’re looking at a construction finance loan, an owner builder situation or funding with cash, there are quite a few things to consider and various complexities involved.
Rebeka breaks down how the figures would work in an example scenario and the percentages of funding you’d need to provide. The thing to remember is that your ability to finance is one of the most important considerations when deciding what type of project to take on.
Due to the complexity of each person’s situation, it’s difficult to make a general rule for financing. That’s why it’s important to have a really good relationship with your mortgage broker and your accountant to help understand your specific situation, the different options available, and the costs that are involved.
Remember, we’re always here to help so if you’re feeling a bit stuck, make sure you take advantage of our free consultation call.
LET US KNOW WHAT YOU THINK & WHAT ELSE YOU'D LIKE TO LISTEN TO!
We feel like this is one of the most confusing components to building and renovation that there so, we hope you found this topic on how to fund that reno helpful.
Let us know what you think about this one, won't you? If you'd like to leave us a little review, that would really help us out too... it's so easy to do in the App where you get your podcasts. Thanks in advance! xx
If you have a topic or question you’d like us to cover, contact us here.
LINKS MENTIONED IN THIS EPISODE:
Buy our new book BuildHer here
BuildHer Collective on Instagram