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Updated almost 5 years ago,
Which is better? 203k vs Fannie May
Question: I have credit of 650+, approx $10k in bank, first time homebuyer and looking to "house hack" a duplex that possibly may need mild renovations no more than $15,000. As far as financing, i cannot decide which loan will work better for my situation to finance a duplex between $100k-150k. FHA 203k or Fannie May? Any opinions?