I want to purchase a fixer upper home in a historic neighboorhood. Is the FHA 203k Rehab Loan a good idea?
My girlfriend and I would like to purchase a traditional, 112 year old, single family home in a historic St. Louis City neighborhood for $125K. It is a bank owned property that needs work, but [...]
Anyone know where I can get a rahab loan? I have very bad credit.?
Someone gave me a house and it needs extensive rehab. I’ve had it more than 6 months. The value is low because of the violations. I need a rehab loan to fix it, so I can sell it. Can anyone direct me [...]
Anyone have any opinions on 203k FHA Rehab loans? Advantages. disadvantages? Any sites with good tips?
Too much trouble. Wait until you have your cash saved before you join the world of FixerUppers. I’ve done a few and i won’t do a 203K. First Time Home Buyer – 203K Rehab Loan
203K Loan: The [...]
FHA’s Streamlined 203(k) rehab financing..?
if the house is under rehab financing is the lender gonna allow the buyer to hire thier own contractor to improve or fix the home before move-in.
Yes, you can use your own contractors. Although you are the first person who I’ve ever heard using FHA 203K and streamline in [...]
Home rehabilitation loan/grant programs?
We are buying a fixer upper, and do not qualify for our local programs due to our income being too high. However all of our money is going towards the down payment, and we don’t have hardly anything left to do rehab/repairs. Does anyone know of any good government loans [...]
