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Updated 13 days ago on . Most recent reply

Brendan Deiss's profile image
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Brendan Deiss
  • from La Crosse, WI
  • Member since Mar 10, 2020
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Brendan Deiss's profile image
Brendan Deiss's profile image
Brendan Deiss
  • from La Crosse, WI
  • Member since Mar 10, 2020
Connect
Brendan Deiss
  • La Crosse, WI
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Financing Fixer Upper

Brendan Deiss
  • La Crosse, WI
Posted

We are in the process of buying a home that will be our primary residence (once it is remodeled in about 3-4 months). The cost of the house is $260k, needs about $100k of work and the ARV will be around $420k. What is the best way to finance this. Should we do an fha loan and pay for the repairs out of pocket? Should we do a traditional loan and get another loan for the remodel? Looking for pros and cons of both and options. Thank you!

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