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Updated about 4 years ago,
203 K FHA loan and experience
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.