A child’s room can mean a lot to a young person. It’s not just their very first living quarters, but it is also a place to play and hang out with friends, a place to do homework, and a place to have fun. As children grow and change, their preferences can change also, and these changes in personality can call for a change in decor. But securing the funds to remodel rooms in your home can be difficult to pay for, especially if you fall outside of the underwriting guidelines of most banks.
But fortunately, there are options. Many choose to renovate their children’s room using private party funds acquired through private investors. Many mortgage brokers can you acquire a private party part loan so long as you own your home. They are totally asset based, so you can get them even if you have had credit problems in the past.
Here are the most important things to consider when remodeling your kids room with private party loans.
Bright Colors – The rules for choosing colors in a child’s room is totally different than choosing colors for a different room. In fact, a color scheme that might be considered gaudy or bright in a living room or bedroom can actually be charming in a kid’s bedroom.
When painting your children’s room with your hard money loan, choosing colors that appeal to them usually mean painting with very bright colors. Children typically prefer bright primary colors. You might even ask them what they favorite color is, and build a room around that color scheme.
Put Durability at a Premium – Children are notorious for not taking very good care of their possessions. This is why it is critical to use most of your hard money loans on items that can put up with a lot of abuse. Spending a little bit extra of your private money loans at first will save you a great deal of money in the long run.
In order to get the most durable items in your children’s room, make most of your furniture items hardwood rather than composite wood. You should also choose carpeting or flooring that is very durable. When choosing a paint brand, choose one that is easy to wash and is resistant to stains.
Bunk Beds – If you have two children sharing a room, you should definitely consider using some of you private party loan to purchase a bunk bed. A bunk bed can save space because it places two beds where one could normally fit. And they come in a variety of sizes to suit your needs. If it is for a two small children, you might choose a twin over twin model. If it is for two children who have ages that are fairly far apart, you might choose a twin over full model. And for when you have two older children or you just want to give your kids a lot of space to sleep in, you can choose a full over full bunk bed.
Make Organization Easy – Children’s rooms can become messy and disorganized extremely quickly. This why you should always be on the lookout for ways to make it easier for your children to put their stuff away and to keep organized. For example, if you decide you are going to purchase a bunk bed, find one that comes with an optional bottom drawer. It won’t take up any additional floor space, and for a little bit more of your hard money loan, you can give your kids an easy way to put away their stuff. billiga tavlor
You should also consider purchasing additional dressers and maybe ever a work desk with your hard money loan.
After a career in financial services and four years in lending, Peter L. Brady co-founded D.P.S. Financial Services, Inc., doing business as One Touch Lending. Since 1996 his companies have made loans in California as well as arranging financing in fifteen other states across the country, including Nevada, Arizona and Florida. Mr. Brady has been responsible for the development of marketing programs, the supervision of mortgage production, the supervision compliance, and the supervision of more than 25 employees and 2 branches.