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We bought a house that's too small so we could afford our dream neighborhood. A $300,000 third-party loan will help us renovate.

Summary by Business Insider
Derek and Kate Feinberg bought a small home in a neighborhood they loved and plan to renovate using a third-party loan.Courtesy of Derek and Kate FeinbergDerek and Kate Feinberg fell in love with Wayne, Pa., but couldn't afford a big enough home there.They bought a smaller home in the location they wanted, and plan to renovate it instead.They used a platform that allows them to borrow money based on the post-renovation value of their home.This a…

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Business Insider broke the news in United States on Friday, April 3, 2026.
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