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Updated almost 7 years ago on . Most recent reply

John Spina jr's profile image
John Spina jr's profile image
John Spina jr
  • Contractor
  • from Staten Island, NY
  • Member since Dec 20, 2016
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John Spina jr's profile image
John Spina jr's profile image
John Spina jr
  • Contractor
  • from Staten Island, NY
  • Member since Dec 20, 2016
Connect
John Spina jr
  • Contractor
  • Staten Island, NY
38
Votes |
147
Posts
Buying & Selling Real Estate

203K Loan lending and question

John Spina jr
  • Contractor
  • Staten Island, NY
Posted

Hey everyone,

Im a general contractor and I find buy, fix and hold very appealing. From what I understand, a 203K loan includes the purchase price and the rehab price. Do big banks provide this type of loan? Also is this type of loan available for rental properties or only available for owner occupied properties?

Any information is much appreciated,

-John

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