Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Followed Discussions Followed Categories Followed People Followed Locations
First-Time Home Buyer
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

18
Posts
4
Votes
Chaya Grossman
  • Rental Property Investor
  • Brooklyn NY
4
Votes |
18
Posts

Anyone did the 203k loan that I can talk to about it?

Chaya Grossman
  • Rental Property Investor
  • Brooklyn NY
Posted

Has anyone done the 203k loan ? How was your experience?

Most Popular Reply

User Stats

44
Posts
20
Votes
Devin Ryan
  • Lender
  • CT
20
Votes |
44
Posts
Devin Ryan
  • Lender
  • CT
Replied

Hi Chaya, 

Speaking from the lending side, we have worked on plenty of 203k loans. These are a great option for the right property and can allow you to have the home you want with a more affordable starting position. The process of the 203k loan is similar to that of a standard 203b, with the exception of having contractors bids as part of the process. Are there specific questions you're looking to have addressed? 

Loading replies...