Will a bank finance a fixer upper?

[Andrew Grace]

There is a property that I am interested in that is defiantly a fixer upper and could be a candidate for hard money. I am curious if there is a way to get conventional financing on a house that has obvious need for repairs. It is ugly, but in decent shape. Needs a new roof and central air installed. The inside has recently been rehabbed and looks nice. The outside needs some landscaping and a paint job. Was wondering what some more experienced investors would recommend. 

[Aaron W.]

@Andrew Grace The bank will not really care that the property is ugly. They will care that it is livable. So if you need to update a property then you should be able to get financing.  Some traditional lender offer rehab loans as well that can combine with your mortgage. You may want to ask them about these products.