01/15/2020
Did you know that if you buy a house, you can take out a 203k loan to rehab it? All you need is about 3.5% down of the cost of the rehab. You need a credit score of between 620 and 640. However, a 203k loan is a great way to pay for rehab costs on a house that needs work. So, find yourself a great wholesale deal that needs work, take out an FHA loan to buy it and then a 203k loan to rehab it!
Here's ,ink with information for you: [https://www.moneycrashers.com/fha-203k-mortgage-loan-requirements
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