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The Long Property Show is back and this week we discuss the topic of renovations. For some, this means a cosmetic update of their kitchen and bathroom, while for others they are stripping the house to its bones and starting from scratch. Obtaining finance for each respective body of work can be very different, and same goes for the various consultants involved, the profit potential, the finished product, etc. In the recording today we talk about what lenders are looking for, the type of documentation is required, and how lenders disburse funds in each scenario. Dan also shares his own personal experience having commenced a larger renovation project nearly 2 years ago.
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