Atlanta, GA · Member since 2015 · 109 posts · 42 votes
Hi, I am looking to purchase a cashflowing 2-4 unit duplex/quadplex that needs some renovation that will be owner occupied possibly using a FHA 203k loan. Does anyone know any agents, contractors and/or experts that have done this in the Atlanta area or have experience? I am trying to decide between using the 203k loan which I know limits my options or if I should use a combination of private money and a HELOC that I am applying for as we speak. What do you all think would be my best financing options? I would prefer to be able to refinance or somehow pull out equity relatively soon on the new property so that I can keep repeating the process.