There are additional steps to getting a 203k closed such as contractor proposals, feasibility analysis (optional), Work Write-Up (performed by 203k Consultant) [needed on Standard 203k], etc.
But if you only submitted an offer to purchase a property where you were going to be using the 203k as your loan and your offer was not accepted, then you can submit another offer on another property using 203k as your financing method. You can repeat this process until you get an offer accepted.
CCS Realty, LLC
Licensed in the State of Louisiana