Renovation Financing: Unlocking Hidden Value in Real Estate
Presented By:
Richard Day
Mortgage Banker / Renovation Specialist
Rate, Inc
February 18, 2026
2:30 PM Eastern Time
Live Webinar (via Zoom)
2.00 Real Estate Continuing Education Credit Hours
Approved State(s): VA  Category: CE Related Subjects
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In today’s competitive real estate market, understanding renovation financing can be a game-changer for agents looking to expand their business and better serve their clients. This course provides real estate professionals with the knowledge and tools to utilize renovation loans effectively, helping buyers turn fixer-uppers into dream homes while creating more inventory opportunities for sellers.



This class is free to audit.  For credit towards your license requirements, cost is $10 per credit hour.  You will be given the opportunity to pay for credits at the end of the class. 

Course Details
Learning Objectives

By the end of this course, attendees will be able to:

  • Explain how renovation financing can help buyers and sellers.
  • Identify eligible properties and renovation loan types.
  • Learn how to leverage renovation financing to increase business opportunities.
  • Gain knowledge on pre-qualification, marketing strategies, and deal structuring.
Live Webinar (Remote Learning) Course
This is an online course and will be taught remotely by the instructor using Zoom’s virtual meeting technology. Click here to download the Zoom Client. Zoom is available for a wide range of devices including desktop, tablet and phone.

Upon completing the registration for this course, you will receive a personalized link to access the online course. If you do not receive the confirmation email containing the link, please contact us and we will resend it to you.

Important Notice: To receive continuing education credits for this course, you must be in the meeting room on time and you must stay in the meeting room until the course has ended. If you arrive late, or leave early, you will not receive credit.
About The Instructor
Richard Day created his first CE Class, Renovation Financing, in 1993 in Baltimore. The classroom held 75 attendees, but 103 came to the class. The extras stood for 3 hours while he nervously taught for the first time. Feedback was overwhelmingly positive. Since then he has taught that class and a couple of others over 50 times in 5 states and DC.

Richard can fund a full menu of mortgage and other financing products, but prefers to stay in the renovation lending sandbox, as saving old houses is a passion of his. Houses as young as 1 year can benefit from renovation lending, but the really old houses are the most exciting to lend on. He gets excited structuring financing for an old Victorian, Arts and Crafts bungalow or a Mid-Century Modern house more than anything.

When not teaching or originating mortgages, he spends time with his girlfriend at her beach house in the OBX. Also, time spent with his two sons, Liam and Luke, now grown, is always a blast. His favorite sport is squash, which he plays as often as possible; is a serial audiophile with an online playlist exceeding 10,000 songs; and rides his BMW motorcycle at every opportunity. If you send him business, there's a good chance he'll give you a jar of his homemade salsa!
Education Credits
Real Estate Continuing Education (Virginia) 
2.00 Real Estate Continuing Education Credit Hours
Category: CE Related Subjects
Price: FREE (No Fee)

Pursuant to § 54.1-2105.03 of the Code of Virginia, the Real Estate Board approved the following course as meeting the Real Estate Continuing Education requirement as stated in 18 VAC 135-20-101 of the Board’s 2015 regulations. Course Subject: CE Related Subjects Course Hours: 2.0 Course Approval Number: 0214030604
Contact Us
Education Provider

Preferred Systems, Inc.
1001 State Street, Suite 1400
Erie, PA 16501
Phone: 888.455.7437
info@preferrededucation.com
www.preferrededucation.com
Instructor

Richard Day
License Number:  2696
Rate, Inc
3565 Electric Road
Roanoke, VA 24018
Phone: 804.855.4421
Richard.day@rate.com
https://www.rate.com/loan-officers/richard-day-267265
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