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Updated 11 months ago,
Need advice on a rehab to live in, in Balto County
My son in law is a General Contractor in Baltimore and says he can find a shell in Balto County for $100K and could fix it up for me for another $100K. He said something about a HUD 501c (?) loan for the rehab. Can anyone help me with some info, please? Do these numbers sound realistic? Is the "HUD 501c" accurate? How does it work? Any other assistance would be greatly helpful! Thank you.