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Updated about 11 years ago,
How does a renovation FHA 203K loan and Homepath renovation loan works?
How does a renovation FHA 203K loan and Homepath renovation loan works? How do I rehab the home with this loan. Please explain the details and the break down. Will they cut me out a check to do the improvements/renovations, I never understood this process. I am a newbie and I will be purchasing my first rental property through FHA/HUD/Homepath route and some houses that I am founding needs some TLC and most of them offer renovation loans. How do I make the improvements in the home