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Updated over 4 years ago on . Most recent reply

Carly Riches's profile image
Carly Riches's profile image
Carly Riches
  • New to Real Estate
  • from Greater Philadelphia Area
  • Member since Jul 3, 2020
  • Posts 2
  • Votes 0
  • Experience 5 Yrs
  • Investments 1
Connect

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2
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Carly Riches's profile image
Carly Riches's profile image
Carly Riches
  • New to Real Estate
  • from Greater Philadelphia Area
  • Member since Jul 3, 2020
  • Posts 2
  • Votes 0
  • Experience 5 Yrs
  • Investments 1
Connect
Carly Riches
  • New to Real Estate
  • Greater Philadelphia Area
0
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2
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Buying & Selling Real Estate

Philadelphia 203k FHA Question

Carly Riches
  • New to Real Estate
  • Greater Philadelphia Area
Posted

I'm looking into purchasing my first investment property and have been researching 203k FHA and Fannie Mae Homestyle rehab loans recently. My idea is to get a rehab purchase loan for a single family primary residence and then use a cash-out refinance to purchase my first multi-family investment property. Anyone have experience with this in the Philadelphia/Delaware County, Pennsylvania area? Any tips or suggestions would be appreciated!

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