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Updated about 4 years ago,

Evelyn Brown's profile image
Evelyn Brown's profile image
Evelyn Brown
  • New to Real Estate
  • from Richmond, Va
  • Member since Sep 28, 2020
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User Stats

4
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2
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Evelyn Brown's profile image
Evelyn Brown's profile image
Evelyn Brown
  • New to Real Estate
  • from Richmond, Va
  • Member since Sep 28, 2020
Connect
Evelyn Brown
  • New to Real Estate
  • Richmond, Va
2
Votes |
4
Posts
Starting Out

203k Loan/Rehab Cost

Evelyn Brown
  • New to Real Estate
  • Richmond, Va
Posted

I'm in Richmond, VA and started the pre-approval process. I want a multi family but was looking to get around 200,000. The duplexes that I see would require rehab for that price but I don't have cash for that. I've read a lot about the different types of loans but don't want to miss out on only putting down 3.5%. Are there lenders doing 203 loans? What are some other options?

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