Contractor for a 201k loan

[Manaury Marte]

Hello BP community!! I hope that everything is going well with all this crazy things that are going on.

I am a investor in Chicago and have been looking for my second 4 unit building for a year. I noticed that is so hard to find a good deal because is a seller market . After placing around 8 offers, one of them got accepted in the North Lawndale community. It’s on Douglas BLVD and 2 blocks away from Douglas Park.

My loan is a 201k, any anyone has experience with this kind of loan?

If you do, how did it work out for you? Did you like it?

And what didn’t you like about it?

Also any good investor contractor and Inspector that you would recommend to work with me in this project.

Thank you in Avanced!