You have heard us (well, if you are reading our highly informative and entertaining posts) talk about fixer uppers and how to get the money to fix them up.
So, here we have an article we think explains our point on using FHA203k loans to combine repairs and mortgage into one loan. Shortsales and foreclosures are ideal for these kind of loans as they usually need a little TLC….you get a good price…but there is no free lunch!
So, check out this article…then let us know what you think…or better yet…give us a call and we will help you get started with your new home!
[button link=”http://www.inman.com/buyers-sellers/columnists/sbergsmancoxnet/fha-rehab-loans-ideal-distressed-homes” type=”big” newwindow=”yes”] Read The Article Here[/button]
P.S. Check out our video on “Fixer Uppers” just below!