An FHA 203(k) loan is definitely one route, but there are other ways to make it happen that might even work better depending on your situation:1.Private or Hard Money Loans: These could be a good option if you want flexibility.

When my husband and I moved to a larger home after our daughter was born in 2022, we decided not to sell and rent this one out also.

Quote from @Bruce Woodruff: I had 2 STRs and found that the only way to make good $$ was to do everything myself.

Investment Info:

Single-family residence fix & flip investment in Goodland.

Purchase price: $100,000

Cash invested: $35,000

Sale price: $270,000

Hey BiggerPockets Community,

I recently updat...

For the first few, having a GC work with me, I think it will allow me to get a better understanding of how to recognize scope of work.That said, how much are GCs charging for home flips? 

And yes, it would need to season, usually 6 months to a year after you close.

(My credit score is sub-600; I know that makes it harder.)After rehab, I anticipate renting it for $1622/month through our county's Section 8 program.

I argue that more money in the hands of the rehabber makes the loan safer.

Real estate is easy to get into, but hard to earn a living. 87% of all agents quit within two years because they don't make enough money.

@Robert Deets If you have before and after pics you'd like to post once the project is done, that would be great.