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Real Estate
Reply to "Best Loan Source for Large Renovation?"
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[quote=Anonymous][quote=Anonymous]Thanks all. I would not want to refinance because even though I bought recently, I have a rate that is going to be hard to beat. Might be able to get a large revolving line of credit, but absent that, might just need to pay cash. Probably better in the long run in this environment.[/quote] I'm in a similar situation and this thread has been useful! We are going to be doing a significant reno and wouldn't want to risk a new rate, even though ours isn't great. It likely won't be any better soon. We are also thinking largely cash for the work but had been considering a construction loan. [/quote]
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