Property purchase with FHA203K Loan

[Zach Rubin]

Helloooo fellow peeps!

The wife and I will be looking for our first property purchase in the 1st quarter of 2023 and would like to use a FHA203K loan as our way of finance if a property is in our favor. I understand the fundamentals of it and I would like some experienced opinions on this. Those who have done this before please give me your insight on the process! I believe it’s an excellent way of a “quick” and “instant” (hence the quotations) equity gain on a property.

Thanks everyone!