I personally believe this would be a mistake, with a few minor exceptions.Exception one: I bought a home a few years back that only needed about $20k in rehab so it was very light work for my area, kitchen was perfect and area was fantastic.

and i would have to give him back his money when the house sells plus appreciation...not really looking to commit mortgage fraud, but could someone with knowledge of the mortgage industry, more specifically FHA shine some light on this for me?

I stopped buy the building last night to drop off some material and thought something looked different about their unit…peeked in a window, it looks like they knew want was coming or were planning on moving out anyway or they responded to our letter with lighting speed b/c 95% of their stuff was out of the unit…probably not going to see September’s rent.

If you're talking a couple hundred, then go straight to the Pro desk at HD and tell them what you need.

If the duplex is a lower/medium rental, then I wouldn't add a ceiling fan at all, just a decent light fixture.

Thanks in advance for any light you can shed on this.

In fact, we’ve been asked to make loans like this, except for business inventory, and we got the green light from our attorney.Obviously, you don’t take legal advice from a message board -- and lastly from me.

It was more or less a ruby in the rough (not a diamond), but it could profit significantly.To shed more light on the condition of the house; it desperately needed a paint job, and landscaping on the outside.

Such repairs should be made, simple improvements, hardware, doorknobs, light fixtures can add value.

The previous system had long ago vanished.Rehab was very involved with having to tear out the bathroom down to the floor joists, building new supports for the joists, running all new hot and cold water lined into the house to all points of distribution, all sheetrock work including ceiling repairs as a result of serious roof leaks, new sub-floor in kitchen, all new cabinets and appliances and of course all normal lights, fixtures and other cosmetic requirements.