Commercial real estate investing, identical to residential real property investing, has a strong renovate and sell component to the overall calculus of profit and loss. With housing inventory made up largely of historic buildings in numerous states of repair, and an entrenched, vibrant design scene, Paris is chock-full of eye-candy—and renovation inspiration. Whether you plan to finance your renovation your self or borrow money, you must speak to a monetary advisor and to your lender before you make firm plans. It’s the little things that depend — especially in a home, where the quality of moldings, doors and hardware could make a big difference.
Unlike a line of credit, when you pay off your loan you will have to reapply to borrow any new funds wanted...Read More