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Updated over 5 years ago,
203K Loan Contract Question
I just finalized my contract on my first duplex; my question is in regards to renegotiating my rehab cost. I went into this contract with the expectation of putting a max of 100K into the rehab. The rehab loan was increased by 20K this is now out of my budget. I was told that I could renegotiate my contract with the contractors. Is this possible?