How do have your house remodeled without having two payments?
GavinI would like to have that payment combined with my house payment. Would I have to have the remodeling done first than refinance the house or what?
SimonEither save the money to have it done, refinance based on today's value, refinance on the new value. The third option has you putting lots of the remodeling costs on credit cards if you don't have cash.
FaustinoYou could do that, or you can refinance the house first for greater than the principal amount. The amount of the new mortgage beyond the principal would be paid as money to you, which you could use to pay for the remodeling.
SharynOr remodel a little at a time out of the cash you have available at that time.
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