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15
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3
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Janille Jackson
Pro Member
3
Votes |
15
Posts

Question on 203K Loan

Janille Jackson
Pro Member
Posted

I am a licensed contractor looking for a 203k loan on a property in Englewood NJ. I have a colleague who is also a licensed contractor willing to do a lot the work. 2 questions

Any suggestion on structuring the deal/contract legally of course to remodel or I can’t be part of any of the renovations?

Anyone have a good contact that is very experienced with 203k rehab loans to get a preapproval and share details and advice on the process?

Any calculators in bigger pockets I can use to estimate after remodel value?

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