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Updated about 1 year ago on . Most recent reply

Buying a Forclosure to do a HouseHack
I am looking to do another house hack and I am currently house hacking. A property of interest I saw is a foreclosure, it states it’s, “a Fannie Mae property.” What should I be thinking about, seeking any good advice and what are the risks? I’ve heard people that previous owned the property could but it back during a certain period. Thanks so much.
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Andrew Postell
#1 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
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@Thomas Key this should probably be a discussion that you have with your lender. If their loan has requirements for the property type of thing or if they even have renovation loans (if that's even needed). I would recommend speaking with your lender on this topic to know the answers here.