Building Equity with FHA 203k – Texas
When a buyer hires the right agent that knows the area well, they can make well-informed decisions that may leave them sitting in a nice equity position. In this instance, the buyer had an equity position of about $95,000. This equity provides a hedge against a downward housing market.
Not all 203k projects end with this great of an equity position, but with the right property and most value added upgrades it does happen!
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Tags: 203k, Building, Equity, Texas