What long term DIY financing do you recommend for long term homestead?

What do you mean by DIY financing?

As a former real estate broker I recommend a home equity line of credit loan. You only pay principal and interest on the funds you take out not the full amount. This way you can do your projects as you wish and only pay for them. A home equity loan gives you a lump sum all at once and payments are due immediately on the full amount. This kind of loan is good for someone who has a lot of high interest debt to pay off.

Deeping on what the projects are.

I would never ask this question except to a financial advisor!

I agree with Rosalie. You should go to a local bank and talk to them first. Some may not finance DIY projects at all, because local licenses are required. If it's a project that they will finance, you need to have all of your numbers ready. Cost of material, cost of preparation, length of time this project will take. and perhaps other questions. I've never tried to finance a DIY project, just one that was installed by professionals and I had to have their proposal with me. Good luck, I hope you can get what you need.

home equity loan

Thanks for the info. I am going to check in to that.

How is your credit rating if you indeed have one.

Has anything changed with the appearance of the pandemic?

COVID-19 has primarily influenced the retail development of non-food retailers, including DIY chains, and made them reconsider their priorities in favor of developing the online sales channel. There will be a gradual integration of retail DIY chains into online marketplaces in the coming years. More medium-sized DIY retailers will partner with them first and some of the larger chains that have problems with their own online retailing. The information is open, and you can read more at https://investorjunkie.com/. I might also add that most of the construction and repair products are easy to place on online retailers. And it's pretty profitable.

I know many people who earn money, for example, by making something at home or cooking authentic national dishes or sweets. Considering that now your business can be promoted with the help of social media, many options are possible. However, I believe that even if you have income from your business, you need to further increase it by investing. For instance, I monitor exchange rates and earn by trading aud usd and other currencies. Or you might consider stocks or real estate.

We got DIY financing when we bought our home from my dad.

Got a very low interest rate plus when he died the place is paid in full.