Should I use a FHA 203k loan or First Time Home Owners?
I want to purchase a property!!! I am currently attending different tax sale auctions. I am also looking for fsbos. I think it will be easier for me to purchase my first property using my name and start selling properties using my llc, so I am able to experience being an actual home owner and challenges that may come about, and use my experience to rent out properties I acquire along the way. I was wondering if the 203k Loan would be a good start out given the fact they also loan you money to rehab the property.? Ir thr first time home owner which i havent really gotten a lot of info on.
Please help if you’ve had any experience with these type of loans thanks!!!!!!!