rtownsend, Home Buyer in 45315

Can I use a Personal Loan from a bank to purchase a HUD home? Would there be an early repayment penalty?

Asked by rtownsend, 45315 Wed Sep 19, 2012

This would be for an investment property and I plan to fix it up and resell within 3-4 months. I have the funds for the remodel, but not enough to pay cash for the property. Most of the properties I have seen do not have the ability to have the water turned on, so I cannot get a loan on them.

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