Roll the cost of the home and a remodel into a rehab loan, great for turning that fixer-upper into the home of your dreams. There are options for an FHA loan, known as 203 (k), or a conventional homestyle loan.
Knock out a home purchase and possibly a wall (during renovations) with a single loan. Having either FHA or conventional options mean rehab loans are accessible to a wide range of borrowers.
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