Buying a turnkey property can often max out a borrower’s budget. But a renovation loan like a 203(k) can help borrowers get the home of their dreams without breaking the bank
With job growth stable, office space will be in demand
First-time homebuyers aren’t the only ones struggling to get financing. The small real estate investors with whom they compete for starter homes and distressed sales face limits imposed by lenders and federal regulators that are tougher than what owner-occupants have to deal with.