Your first and obvious choice is to purchase the home “as is” and either pay for the repairs out of your own pocket or take out a home improvement loan. Home improvement loans are more difficult to get and come with a much higher interest rate. Also in some states, such as Texas, there are loan to value restrictions. Lets take that one step further and what if that home is in need of structural … (0 comments)
How do I purchase a home in need of repairs using the FHA 203k loan in Texas? More important what if those repairs include foundation??
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