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Updated almost 5 years ago on . Most recent reply
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203K Loan on a Duplex
Hi all,
Trying my best to get creative here.
Wondering if you could take out a 203K loan on a duplex that you plan on living in and rehabbing. I am thinking that since a 203K loan is FHA, that it would be close to impossible to get one on a duplex, but I assume the answer is somewhere closer to - you just need to search hard enough for a lender who will help you out.
Not sure though. Also wondering if anyone has any other creative 203K strategies - the 203K loan intrigues me.
Thanks!