Anonymous
Post 05/17/2018 17:04     Subject: Re:how do most people pay for a renovation?

Construction loan + cash, then we refinanced after we finished. Renovation cost $1.1m.
Anonymous
Post 05/17/2018 17:04     Subject: Re:how do most people pay for a renovation?

bought new instead of old
Anonymous
Post 05/17/2018 17:03     Subject: how do most people pay for a renovation?

Saved up and paying cash
Anonymous
Post 05/17/2018 17:01     Subject: how do most people pay for a renovation?

Bonus money
Anonymous
Post 05/17/2018 16:25     Subject: Re:how do most people pay for a renovation?

For the big one we paid for half with sav8ng an refinanced our mortgage for the rest. For the other two, we saved up for it.
Anonymous
Post 05/17/2018 15:39     Subject: how do most people pay for a renovation?

saved up but we only spent like $30k and that was tight for us at the time.
Anonymous
Post 05/17/2018 15:35     Subject: how do most people pay for a renovation?

Saving up or HELOC.
Anonymous
Post 05/17/2018 15:33     Subject: how do most people pay for a renovation?

We paid cash - $250K+ renovation. We saved up for it. And no, we didn't keep it in cash while we were saving. Kept it in stock and mutual funds. If the market had crashed, we wouldn't have renovated. We did sell what we needed as we signed the renovation contract so we knew we had the money.
Anonymous
Post 05/17/2018 15:22     Subject: how do most people pay for a renovation?

Who knows how most people do things, but the only thing we finance is our mortgage, the first time. Everything else is cash. We did renovation that was 150K and we paid cash.

We want to retire early.
Anonymous
Post 05/17/2018 15:15     Subject: how do most people pay for a renovation?

Cash
Anonymous
Post 05/17/2018 15:14     Subject: Re:how do most people pay for a renovation?

We're doing a kitchen reno and paying cash out of our savings.
Anonymous
Post 05/17/2018 15:13     Subject: how do most people pay for a renovation?

Construction loan, HELOC, savings
Anonymous
Post 05/17/2018 15:12     Subject: how do most people pay for a renovation?

Combination of save and HELOC
Anonymous
Post 05/17/2018 15:12     Subject: how do most people pay for a renovation?

HELOC.
Anonymous
Post 05/17/2018 15:12     Subject: how do most people pay for a renovation?

save up for it? finance it somehow?