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Updated almost 4 years ago,
Anyone Completed Or Been Involved With An FHA 203K Purchase?
I am a buyer looking to purchase a primary SFR in PHX (Tempe - Chandler - Mesa). I have already been pre-approved for a conventional loan at $275K although most homes are going for a significant amount over asking, or cash offers etc. so it's very competitive to get an SFR.
Wondering if anyone has actual experience as a buyer/GC/Lender/Agent for a 203K purchase? If so please share your experience? Pros - Cons?
Thanks!