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Updated almost 3 years ago,
Turning a church into a 8unit apartment
Hello I'm new to investing and have come across this beautiful vacant church with 11,000sq ft that would be perfect for turning into apartments with 100,000 dollars or more of rehab bringing the deal to about 350,000 after purchasing it and getting it rentable. My question is can I use an 3% FHA loan to finance this deal or am I missing something?