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The interior is completely wrecked. Kitchen cabinets damaged, toliets smashed, paint all over the walls. Please let me know what kind of loan would I need to purchase this kind of property?
The purchase price is 75,000
Bank loan.
Or hard money.
what is it worth fixed up?
there are no 3.5% down and no closing costs deals for stff like this.
Dallas, would this qualify for an FHA 203B loan?
Otherwise, it will have to be some sort of a construction/hard money loan I think with high % down and alot of work to do.
