Renovation
1 in 10 homeowners put the entire cost to remodel on their credit cards
Turning office buildings into housing

Changes include increase to allowable loan amount, rehabilitation time
Nearly 30% decrease in homes flipped from the year prior, ATTOM reports.
Changes would increase thresholds, completion deadlines

'They’re looking to decimate the industry without realizing the result of that decimation': Nema Daghbandan, a partner in Geraci LLP, said.
The Real Estate Finance Business is changing in 2022. Renovation mortgage lending is a necessary tool in any mortgage broker’s purchase lending tool belt.
This marks the largest annual decrease in profit margins since early 2009 when the housing market crashed.
48% of investors believe that the investment market is worse or much worse than it was one year ago.