Foreclosures
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 4 years ago,
Buying an REO with Conventional Loan
So I would like to buy an REO foreclosure and have a convential loan. The house must be liveable to qualify for the loan. It will at least need finish floors and kitchen appliances. The only way I can think of to make this work is install cheap sheet flooring throughout the house and put the kitchen appliances in. Of course I would rather not do this with a house I do not own. Anyone know of another way around this or how to find another type of loan that wont beat me up on interest?
Thank you