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Updated over 1 year ago,

Dean Fiacco's profile image
Dean Fiacco's profile image
Dean Fiacco
Pro Member
  • Investor
  • from Tampa, FL
  • Member since Jun 11, 2015
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User Stats

74
Posts
27
Votes
Dean Fiacco's profile image
Dean Fiacco's profile image
Dean Fiacco
Pro Member
  • Investor
  • from Tampa, FL
  • Member since Jun 11, 2015
Connect
Dean Fiacco
Pro Member
  • Investor
  • Tampa, FL
27
Votes |
74
Posts
Creative Real Estate Financing

203k loan for major addition?

Dean Fiacco
Pro Member
  • Investor
  • Tampa, FL
Posted

Need advice. Looking to close on a property in S. Tampa and would like to see if theres an option to quickly get a standard 203k loan in place / approved to make major additions to the property and acquire it. Seems like it should technically be possible based on what I've read but hearing from mortgage broker they view additions as "luxury" and would deny. Is that true?

  • Dean Fiacco
    • Tampa, Florida
    1 Vote
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