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Updated about 4 years ago on . Most recent reply

Linzey Ledesma's profile image
Linzey Ledesma's profile image
Linzey Ledesma
  • Real Estate Agent
  • from Inland Empire
  • Member since Sep 30, 2020
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61
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Linzey Ledesma's profile image
Linzey Ledesma's profile image
Linzey Ledesma
  • Real Estate Agent
  • from Inland Empire
  • Member since Sep 30, 2020
Connect
Linzey Ledesma
  • Real Estate Agent
  • Inland Empire
22
Votes |
61
Posts
Land & New Construction

203 K FHA loan and experience

Linzey Ledesma
  • Real Estate Agent
  • Inland Empire
Posted

Hello BP family,

I am new investor in the Inland Empire. I came across a duplex that is a fixer-upper and was told about a 203k FHA loan. My strategy would be long term hold and house hack for the 1st year (given it is an fha loan) Does anyone have experience with this type of loan and process?I know it can be quite lengthy, however I noticed not a lot of people know about/ or are knowledgeable in the subject.

Also, please feel free to recommend any lenders/realtors that are experienced with this type of process.

Thank you in advance.

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