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Updated over 8 years ago on . Most recent reply

Should I use the 203k loan for rehab?
So I'm going to purchase my first home/MFR and was advised to not use a 203k loan (don't know specifically what it's called) for remodeling a home.
I was advised to not get it since it is difficult to get a refund or the items replaced if the home is vandalized or if the the contractor hired doesn't do the
Your thoughts or advice?