What’s up BP, so I am pre approved for 175k on a fha 203k Loan in my market that’s a tough squeeze though I’m not giving up I would like some insight on this loan and how they operate from contractors to, co signers, and any details anyone can provide I’d greatly appreciate it. Ready shoot!!
Basically everything depends on finding a good lender. So make sure you prequalify them by asking how many they’ve done.
I’d also look into how much foreclosures cost in your market.
The rehab work will range depending on how beat up it is.
Do you know what areas you’re looking in?