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Home Improvement, Design, and Decorating
Reply to "Really struggling with whether to take out loan for home improvement "
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[quote=Anonymous]Is everything functional? If not I would start with repairs to whatever isn't first. I think it would make more sense to do this in stages (even if you get a HELOC for $150,000). Start with the kitchen since that is well defined (I don't know about you but I really get a lot of utility from having a finished kitchen). Then I would do the walls and lastly the bathrooms (all at the same time if you can).You could spread this out over three years (give yourself a year to save first). That way as you live in the house you'll have a better idea of what it is you want to do. You really don't want to do renovations and then regret the renovations![/quote]
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