Thinking of buying a home and making improvements? Consider a fixer-upper. These properties offer an opportunity to customize your space and potentially save money. But how can you afford the purchase and the renovations? We’ve got you covered. There are several mortgage options that allow you to buy a fixer-upper and borrow money for improvements simultaneously. With these mortgage options, you can turn a fixer-upper into your dream home. Key Takeaways: Consider a fixer-upper for customization and potential savings. Explore mortgage options that include financing for renovations. Options include Fannie Mae HomeStyle Renovation Mortgage, Freddie Mac CHOICERenovation Mortgage, FHA 203(k)
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