Well, as far as moving or rehabbing, both could make sense depending on how you feel about it.
If you wish to downsize and cash out by selling your property - perhaps this is a better solution.
Extensive renovation is not an easy task either.
There are a few great lenders I could recommend.
There is also a smaller community bank which portfolios their own mortgages that I would highly recommend speaking to for possibly a more flexible approach to your particular situation.
Please contact me to discuss.
I would be happy to assist you and provide more details.
Dmytro V. Bova
Realty Mark - The Diamond Group-Real Estate Sales
Main Line Investors Group - Property Management
700 E. Township Line Road, Suite 100
Havertown, PA 19083
Tel: 610-449-1919 x.223
Licensed In Pennsylvania