Asked by Jerry Schreiber, San Diego, CA • Sat Jan 5, 2013
I've been in contact with someone at a Wells Fargo here, but I'm beginning to realize she doesn't know anything about them, just the basics. I have to wait for her to get answers for me, such as, how are the rehab loan payments structured, do I have to use a general contractor if we're only doing about $11K or $12K in repairs total (I read for FHA you can be an owner/manager), why can't I use a licensed kitchen place with great package prices, how long it takes for the contractors to get their payments, etc. I'm reading a LOT of conflicting info online from what she's telling me.
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