There are too many benefits to using the FHA 203k.  Here are just a few. 

There are MANY MANY benefits of using the FHA 203k Loan.

1. Safety Net - go shopping for a new home knowing that you can do a renovation for whatever reason that comes up. Bad inspections, outdated rooms, just needing more space?

2. Kinda Fun - Shop like they do on HGTV Tv. Flip it, flop it, floop it. Buy an old dingy house and bring it back to life.

3. Dig out more Equity - the FHA 203k uses the ARV, after renovated value to get your reno money not the homes current value. This will unlock a larger reno budget.

If you want to know more give us a shout!