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Rehabbing & House Flipping
HomeForumsRehabbing & House FlippingHomePath Renovation Mortgage
Rolanda Eldridge's profile image
Rolanda Eldridge's profile image
Rolanda Eldridge
  • Investor/Realtor
  • from Hoover, Alabama
  • Member since Jan 25, 2010
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Rolanda Eldridge's profile image
Rolanda Eldridge's profile image
Rolanda Eldridge
  • Investor/Realtor
  • from Hoover, Alabama
  • Member since Jan 25, 2010
Connect
Rolanda Eldridge
  • Investor/Realtor
  • Hoover, AL
459
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1,309
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Rehabbing & House Flipping

HomePath Renovation Mortgage

Rolanda Eldridge
  • Investor/Realtor
  • Hoover, AL
Posted Jan 26 2013, 11:38

It seems like a simple process and a win win for investors, but does this product really exist for an investor. I spoke with a mortgage broker in AL several months ago who indicated you can't use this product for properties under 60K. Please any insight would be helpful.

1. Have you been approved for HomePath Renovation Mortgage
2. What state did you purchase property?
3. How much did you pay for property?
4. What was the down payment?(20% or 30%)

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