why not try to get a loan with no down payment and use your down payment money to make the paymants? That might be easier to get.
J Durham <[EMAIL PROTECTED]> wrote:
J Durham <[EMAIL PROTECTED]> wrote:
I am looking at purchasing a REO home in Georgia that needs some work. I would like to purchase the property and rehab for my personal home, but need a loan that will only require an initial downpayment, then no other payments until the rehab is complete and the home is ready to move in. I know this type of loan exists on construction loans as a friend just did this when he built his home, but I'm wondering if it is available for rehabs? Any thoughts or suggestions?Thanks
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