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Updated over 5 years ago on . Most recent reply

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FHA loan - Rehab - refinance to conventional

Marco Pangilinan
Posted

Hi BP!

First time post post here. Just wanted to see if anyone has any experience/success with the following strategy:

Close on a property using an FHA loan (less than 10% down). Put money into a rehab to increase the value of the property, and refinance into a conventional loan at the increased value.

Looking forward to connecting with those who have had success with this strategy

Thanks!

Marco

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