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Private Lending & Conventional Mortgage Advice
HomeForumsPrivate Lending & Conventional Mortgage AdviceFHA 203k question about sturcture
Mason V.'s profile image
Mason V.'s profile image
Mason V.
  • Investor
  • Member since Jun 16, 2012
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Mason V.'s profile image
Mason V.'s profile image
Mason V.
  • Investor
  • Member since Jun 16, 2012
Connect
Mason V.
  • Investor
7
Votes |
86
Posts
Private Lending & Conventional Mortgage Advice

FHA 203k question about sturcture

Mason V.
  • Investor
Posted May 28 2015, 10:10

When pursuing an FHA 203k loan, how dilapidated can a home be?

There is a home that is around $90k that I am interested in. Problem is that it needs to have its remodeling finished. Apparently the previous owners ran out of money and let the property go into foreclosure.

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