Rehabbing & House Flipping
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 9 years ago,
Question re: 203K loans...
Hi All,
I'm in the process of looking into using a 203k loan to fund a flip. Does my contractor have to be licensed/insured in order for me to get the loan? The reason I ask is because I was planning on hiring my father-in-law since he has many years of experience flipping/remodeling homes but he's not licensed.
Any opinion/suggestion would be appreciated!
Thank you