But these relaxed financial standards are offset by strict guidelines for the property. The house must be a main residence and the renovations can’t embrace anything the FHA defines as a “luxury.” A listing of improvements that debtors might make can be found right here.

At 40 pounds a bag, she hauled them from the store in 4 journeys. And plenty of the work happening in backyards slips beneath the radar of individuals like Anderson. Astoria Camille, for instance, is working on a scrappy project behind her mom’s home in Kansas City’s Troostwood neighborhood. Anderson says that rock-backside rates of … Read More