Question: Hi Beau, I'm currently in the midst of a substantial renovation project in Southern California. When the project is completed, the property's estimated value will be $5 million. Unfortunately, my permitting process has been significantly delayed, and I find myself running low on funds. I initially purchased the property for $2.3 million and currently have a conventional mortgage with a remaining balance of $1,800,000. Initially, I had budgeted $500,000 for construction, but it appears it will be closer to $1 million. I'm in search of a second loan to ensure the successful completion of this project. I have a strong track record, and the after-repair value (ARV) is promising. Are there financing options available to assist with this situation? Thank you, Tyler

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