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Updated almost 8 years ago on . Most recent reply

User Stats

18
Posts
3
Votes
Lawrence Cox III
  • Highlands, TX
3
Votes |
18
Posts

FHA 203k, is this a good option for buy and hold

Lawrence Cox III
  • Highlands, TX
Posted

I have been looking at the FHA 203K loan. Not sure if this is a good tool to buy and hold for investment properties, does anyone have any advice on using this option. I am currently looking at foreclosures in my area that I could by low and do enough to get it rent ready. I have been wondering if using a hard-money loan would be a better option? I have never used that type of option, can anyone give me any advice on how to get going. Thanks in advance for any and all advice.

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