4-unit quadplex using FHA 203(k) in Alpharetta, Georgia.

[Alecia Randolph]

Hello, I am looking to purchase a cash-flowing 4-unit quadplex that needs some renovation that will be owner-occupied using an FHA 203k loan. Are there any agents, contractors, or experts that have done this in Alpharetta, Georgia, or have experience?

[Paul Welden]

@Alecia Randolph

I know a lot about the FHA 203k but I'm not licensed in your area.

One thing is for certain is that you need a lender with verifiable experience with the 203k and a contractor who knows/understands the 203k and has the financial capabilities to afford the start up costs and ongoing expenses associated with the 203k, such as a Certified 203k Contractor. 

Hope this helps!