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HomeForumsClassifiedsMortgage option for primary home that needs rehab.
Devon Garbus's profile image
Devon Garbus's profile image
Devon Garbus
  • Real Estate Agent
  • from Tampa, Florida
  • Member since Jul 17, 2015
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Devon Garbus's profile image
Devon Garbus's profile image
Devon Garbus
  • Real Estate Agent
  • from Tampa, Florida
  • Member since Jul 17, 2015
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Devon Garbus
  • Real Estate Agent
  • Tampa, FL
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Mortgage option for primary home that needs rehab.

Devon Garbus
  • Real Estate Agent
  • Tampa, FL
Posted Nov 1 2015, 12:56

Hey Guys.

I have a client who needs a mortgage on a primary home purchase price of ~450. Rehab would be ~130k. Arv easily in the high 500s to low 600s

I was just told that FHA won't do this as they stop at 417k. What other options are out there for a conventional loan?

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