FHA 203k or HML for 1year house hack
Hello BP!
2 years of researching REI. Thanks in advance for the continued education you all have provided, and I do try to do
The same, the best of my own knowledge.
I’m looking at a property that I would love to move my family into as primary residence for 1year, then either sell, or
Rent as I plan to move to a different area once my son graduates 2020. Bank owned-
Cash or 203k only accepted. My HML only lends for 12 months, then I can Refi, or
should I use The 203k route? In my family we are licensed contractors.
Any thoughts on which direction I should
take? Any and all advice welcomed!!