Mike's 203k Blog

Follow me
By
Home Inspector - 203kOnLine.com, covering the USA - S0289
203k loans, the hottest renovation loan product on the market. Offering quick closings on homes that require repairs.

ARCHIVED BLOG POSTS

2010 

0 Comments
Before we go to Lafayette, I have to tell you that I walked into a real estate office a few months ago and was talking to the "floor person" and when I asked if she had done any 203k loans she proceeded to tell me that it was an FHA loan and the home prices in her area were well above the loan li...
10/17/2010

0 Comments
I've always thought of the 203k as a team sport, in 1998 we did a series of 203k audio tapes so people could listen while they drive and one of those tapes was "203k as a team sport" I haven't listened to them in quite a while but thought would bring them out of the drawer and see if anyone would...
10/16/2010

0 Comments
October 26th at Prospect Mortgage in Concord CA Brian Reeg, the manager will be hosting an "open to the public" 203k seminar  where you will learn the basics of the 203k but more importantly if you are a Realtor or Agent and bring with you a borrower, investor or a property in the Greater Concord...
10/15/2010

3 Comments
HUD never ceases to surprise me. Just when I think I have them figured out they amaze me. I've been training 203k consultants since 1995 nationally and about six months ago we had a couple guys on the east coast put in their application with HUD, in three days they received a letter telling them ...
10/14/2010

0 Comments
or anywhere else for that matter? More FHA 203k war stories lets start in Berkeley CA. A client purchased a five unit apartment and wanted to turn it into a four unit building. Sounded like a reasonable plan. The problem with the city of Berkeley is that you cannot remove a unit from the rent rol...
10/14/2010

0 Comments
In San Jose who do you call for a 203k loan? I don't know what is happening in San Jose during the past two weeks I must have had four calls from people looking for a 203k lender in San Jose or Santa Clara. Whatever the reason I'm glad to see they are calling us to find out. Thank you for that.  ...
10/13/2010

0 Comments
In 2005 the Streamlined "k" came on board as a new renovation product that was intended to make the process easier to use. I've heard it referred to as a 203k - Light. Like it was on a diet or something but that is about what you have with this product. What made it appealing was the fact that yo...
10/13/2010

0 Comments
Renovation loans are here to stay in Walnut Creek CA I'm having so much fun with this I can't believe it. We are seeing 1960's prices and investment possibilities. I took a look at a home the other day in Walnut Creek and found a deal. I was hired to do a feasibility analysis and did that. In doi...
10/12/2010

0 Comments
It has been a little while since we did a 203k renovation loan in Rodeo but one was on Garretson Street and faced the old refinery. I thought at the time that what a terrible view this property had of a fence then a refinery... today that refinery is long gone and there is allot of newer homes bu...
10/11/2010

2 Comments
203k renovation stories - Stockton CA I've been asked to discuss some of our more interesting projects during the past sixteen years of working with the 203k loan program. 1) Oakland, CA we had a hundred plus year old two story Victorian home that had an aluminum shingle roof. The roof appeared t...
10/10/2010
Back to Top Recent