What type of mortgage do I get if I want to buy a house and fix it up?

tchr_grd5 asked:


? For example, if you want to buy a house for $ 70,000 and set it up with say $ 30,000, get? A pr? Stamos (mortgage) to $ 100,000 or I need? To pr? Stamos m? Multiple?

Brian

Tags: Buy A House, Buy House, Loan Mortgage

This entry was posted on Sunday, June 7th, 2009 at 1:37 pm and is filed under Mortgage. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

2 Responses to “What type of mortgage do I get if I want to buy a house and fix it up?”

1. too l Says:
   June 10th, 2009 at 2:26 pm

   you would need a rehab loan, some lenders will lend up to 70% aafter repair value

2. Carolinahomerates.com Says:
   June 13th, 2009 at 2:01 am

   The fha 203k loanbut they may not lend you needespecially 30k.