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Reply to "How can I refinance significant renovations/improvements in a new purchase?"
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[quote=Anonymous]I think we'd like to avoid an FHA 203k loan because sellers may find it too risky. So...situation is....fixer upper on the market for $450k... we can be approved for and easily afford a $600k house. Fixer upper probably requires $150k worth of work. Some things that would have to be done immediately - some things that could wait. Have 20% down for either the 450k or 600k. What is the best way to finance the renovations? Thanks![/quote]
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