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Updated about 2 years ago,
Using an FHA 203k loan
I have been interested in a property in Cleveland, OH and I live in Orlando, FL. The property I am interested in will require full renovation as I may be considering Section 8 housing. My question is. Can I use an FHA 203 (k) loan if the property will not be owner occupied? If not are there similar options to finance the property and the rehab in one loan?
Thank you for your insight.