Question Details

Sharita, Home Buyer in 07106

My husband and I would like to purchase an as-is home but we both have a question; if we get appoved for a

Asked by Sharita, 07106 Mon Apr 21, 2008

mortgage for 400K, and we buy a house for 300K, can we use that extra 100K for the construction cost and insidentals? this is similar to the hgtv show hidden potential. thank you!!

Help the community by answering this question:


Hi Sharita,

The FHA 203k Re-Hab loan is a possibility.

Elva Wormley
0 votes Thank Flag Link Mon Apr 21, 2008
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