hce692 t1_ix0x26i wrote
Reply to comment by Toiretachi in For people that bought single family homes in Boston or adjacent suburbs since last summer, how much are you paying per month in mortgage, taxes, insurance? by Bostonosaurus
You can get a mortgage that includes money for renovations, so it’s one payment lumped into your mortgage. Like the Fannie Mae HomeStyle Removation mortgage for example. Or an FHA 203k loan is for first time home buyers that includes reno, though there’s a lot of hoops you have to jump through for those since it’s a government program and needs HUD approval
Toiretachi t1_ix0xaur wrote
Of course. I was asking about that particular case.
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