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All Forum Posts by: Kevin Sheppard

Kevin Sheppard has started 4 posts and replied 14 times.

im exploring an option to buy a property with an fha 203k loan.  everyone is telling me to make sure i have an experienced lender. does anyone have any recommendations?

thank you

Post: Using an Fha 203k loan to flip a property

Kevin SheppardPosted
  • Gardena, CA
  • Posts 14
  • Votes 1
@Kevin M Finley thanks for the great advice and detail of your experience.

Post: Using an Fha 203k loan to flip a property

Kevin SheppardPosted
  • Gardena, CA
  • Posts 14
  • Votes 1
@Steven O'Leary awesome brother, I'll try to keep in touch to see how it's going

Post: Using an Fha 203k loan to flip a property

Kevin SheppardPosted
  • Gardena, CA
  • Posts 14
  • Votes 1

Post: Using an Fha 203k loan to flip a property

Kevin SheppardPosted
  • Gardena, CA
  • Posts 14
  • Votes 1
@Matt K. what do you mean no one would want to deal with it?

Post: Using an Fha 203k loan to flip a property

Kevin SheppardPosted
  • Gardena, CA
  • Posts 14
  • Votes 1
@Brian Ellis i love what you did and i know that would be a great option. what market do you do business in? thank you

Post: Using an Fha 203k loan to flip a property

Kevin SheppardPosted
  • Gardena, CA
  • Posts 14
  • Votes 1
@Ian Kee i don't want to but my options are limited right now. it wouldn't be all bad, my market is on fire and shows no sign of slowing down. thanks

Post: Using an Fha 203k loan to flip a property

Kevin SheppardPosted
  • Gardena, CA
  • Posts 14
  • Votes 1
@Brian Ellis thanks for the info. sounds like a bunch of red tape. how did you end up buying your first?

Post: Using an Fha 203k loan to flip a property

Kevin SheppardPosted
  • Gardena, CA
  • Posts 14
  • Votes 1
@Wayne Brooks thanks for the info. i really didn't mind holding on to it for a year. i can do a live in flip.

Post: Using an Fha 203k loan to flip a property

Kevin SheppardPosted
  • Gardena, CA
  • Posts 14
  • Votes 1

Good morning BP, i wanted to know if anyone has used a fha 203k loan to flip a property. If so what was your experience like? How fast was the bank paying out for work needed? Any stories would be nice. thank you