Good morning everyone!
New to the BP blog here and I’ve been listening to podcasts and reading a lot of books on real estate, my idea is to try to get my first deal by end of this year or beginning of next!
I would like to get a duplex, put some work into it and house hack. I have experience in the construction field working for about 5 or so years in the flooring industry.
My question is regarding a 203(k) loan, to get a 203(k) what are some specific requirements? Do you have to have a certain credit score? And will a car loan and credit card debt influence on the approval of the loan?