I'm looking for a pointer in the right direction. I plan to renovate my home (which is in Brooklyn, NY). The home has been somewhat neglected for many years and I've decided to take out a home equity loan and completely renovate the house.
Additionally, the home is now currently a legal two family, however I would like to convert it to a legal three family and use some of the rent to pay off the mortgage.
There's one big problem though, I have no idea where to start. Do I call in an architect first? Do I get a GC to look at the house first? Do I get the loan first? The house is owned free and clear, so getting the loan will not be a problem, but maybe I should see how much I could get first? Please post any advice, personal stories that you think would help. Thanks.