Updated almost 5 years ago on . Most recent reply
Can you buy a fixer upper using a conventional loan product?
Looking to buy a house that needs a good amount of work. Are conventional loan Products usable?
Most Popular Reply
@Ify (Bobby) Anizoba you can as long as it appraises for the loan amount you are looking for. If you are trying to roll the rehab costs into the loan, you may want to look into an FHA 203k which will let you roll the purchase price and rehab into the loan. Will you be using cash for the rehab or would you want to roll it into the loan?