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Updated over 4 years ago on . Most recent reply
Newbie interested in first flip financing with USDA loan
First off I am new here and taking everything in!
My question is does anyone have experience with doing a small flip (I and my significant other are not very handy but I don’t mind getting my hands dirty) financing with a USDA loan? The area we need to move to is about an hour South of Tampa (Ellenton, Parrish, Palmetto) and from what I can find that area is eligible. I want to do as much as we can on our own. This would be our first time ever attempting a renovation. I want to start small in a place we can live in while we restore the single family home for about a year. If we need to hold onto it and rent it out I am fine with doing that also.
Please give me any advice, thoughts, comments or concerns! I have no idea what I am doing but trying to learn all that I can! Thanks guys!