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Updated about 6 years ago on . Most recent reply

John Paul Whaley's profile image
John Paul Whaley's profile image
John Paul Whaley
  • Member since Apr 22, 2019

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44
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John Paul Whaley's profile image
John Paul Whaley's profile image
John Paul Whaley
  • Member since Apr 22, 2019
John Paul Whaley
12
Votes |
44
Posts
Innovative Strategies

203K Loan on a Duplex

John Paul Whaley
Posted

Hi all,

Trying my best to get creative here.

Wondering if you could take out a 203K loan on a duplex that you plan on living in and rehabbing. I am thinking that since a 203K loan is FHA, that it would be close to impossible to get one on a duplex, but I assume the answer is somewhere closer to - you just need to search hard enough for a lender who will help you out.

Not sure though. Also wondering if anyone has any other creative 203K strategies - the 203K loan intrigues me.

Thanks!

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