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Updated 3 months ago, 10/08/2024
Assistance with Duplex Purchase in Charlotte Using 203(k) Loan
Dear Community/Future Friends,
I hope you’re doing well. I’m looking to purchase a duplex in Charlotte, with one unit being turn-key and the other in need of repairs. I believe I can utilize a 203(k) loan for the refurbishment. Additionally, I’m partnering with a friend where we then can take advantage of a first-time homebuyer program, but we’re unfamiliar with the available options in Charlotte.
Your guidance and expertise in helping us find suitable properties and navigate these programs would be greatly appreciated. I look forward to any insights or assistance you can provide.
Thank you so much for your time!
Warm regards,
Just to confirm .... you will live in one of the units of the duplex, correct?
Yes, that is correct
Quote from @Paul Welden:
Yes, I will live in one of the units of the duplex.
I do not have any info regarding first-time homebuyer programs available in Charlotte, but I do have a lot of info about the FHA 203k.
Let me know if you need any help with that.