Is this project an extensive rehab?
Extensive Rehab is defined as a project where any of the following applies:
- Rehab amount ≥ 50% of the purchase price with minimum of $75k rehab
- Involves expansion of a property by either 20% or 750 sqft
- Involves adding a second story < double the existing footprint
- Mid-construction project that is at least weathertight
- Detached ADU > double the existing footprint