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Updated over 3 years ago on . Most recent reply

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Edward Encinas
  • Member since Sep 28, 2021
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Edward Encinas's profile image
Edward Encinas's profile image
Edward Encinas
  • Member since Sep 28, 2021
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Edward Encinas
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3
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Starting Out

Closing a Deal when using a FHA or 203K loan

Edward Encinas
Posted

I am new to real estate investing and feel am testing the idea of using a FHA or 203k loan to purchase my first property. One problem I see is that due to the red tape involved with these loans I may miss out on a deal while waiting for approval on one of these loans.


I would appreciate any tips on using these loans effectively to purchase a property that might want to close quickly. 

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