Updated over 12 years ago on . Most recent reply
No 203K on Investment Properties?
Just called a lender to get my pre-approval before looking at a HUD home for sale. Was looking at a 203K to get repair cost built into the loan. She responded that they do not do 203k's unless the property will be O.Occupied. Is this true of every lender? If so, is there another way to get the repair cost and property cost built into one loan on investment properties?