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All Forum Posts by: Jennifer Patton

Jennifer Patton has started 1 posts and replied 2 times.

Post: Trouble finding a loan

Jennifer PattonPosted
  • Michigan
  • Posts 2
  • Votes 0

Well a few days ago, someone got it the day before I had my consultant scheduled to evaluate it. So back to the drawing board. Tri's and Quads are rare in my area but I'm open to them. I don't have the resources to buy multiple SFHs hence the 203k.

Post: Trouble finding a loan

Jennifer PattonPosted
  • Michigan
  • Posts 2
  • Votes 0

I’m looking at a property that has two duplexes on one lot that will need some rehab. I wanted to use a 203k loan but have been told that it doesn’t qualify because it’s two separate houses. I am already preapproved and could move on to something else that would not cash flow nearly as well. Does anyone have any suggestions?