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Foreclosures
HomeForumsForeclosures203k loans
Kara Hooppell's profile image
Kara Hooppell's profile image
Kara Hooppell
  • from Chickasha, Oklahoma
  • Member since May 30, 2015
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Kara Hooppell's profile image
Kara Hooppell's profile image
Kara Hooppell
  • from Chickasha, Oklahoma
  • Member since May 30, 2015
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Kara Hooppell
  • Chickasha, OK
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Foreclosures

203k loans

Kara Hooppell
  • Chickasha, OK
Posted Jan 26 2016, 01:56

I have been reading up a little bit about 203k loans and from what I understand so far, the bank will give you a loan for a foreclosed home, and also set aside rehab money in an escrow for the purchaser to fix up the house. Would this be a good idea for someone wanting to fix and flip a home considering you find a good deal on a property?

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