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Updated about 5 years ago on . Most recent reply

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Carly Riches
  • New to Real Estate
  • Greater Philadelphia Area
0
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Philadelphia 203k FHA Question

Carly Riches
  • New to Real Estate
  • Greater Philadelphia Area
Posted

I'm looking into purchasing my first investment property and have been researching 203k FHA and Fannie Mae Homestyle rehab loans recently. My idea is to get a rehab purchase loan for a single family primary residence and then use a cash-out refinance to purchase my first multi-family investment property. Anyone have experience with this in the Philadelphia/Delaware County, Pennsylvania area? Any tips or suggestions would be appreciated!

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