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Updated about 7 years ago on . Most recent reply

User Stats

15
Posts
10
Votes
Evan Barney
  • Rental Property Investor
  • Bloomington, IN
10
Votes |
15
Posts

Recommendations/advice regarding FHA 203K Mortgages

Evan Barney
  • Rental Property Investor
  • Bloomington, IN
Posted

Hi everyone, I am looking to acquire my first deal for a fix-and-flip and a realtor recommended I check out financing through a FHA 203K Mortgage. I was wondering if anyone might be able to share their individual experience regarding this type of loan option? Are there any pitfalls/ contingencies/information I should definitely be aware of before considering this route?

I appreciate any advice you may have! Thank you for your time! 

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