Nathan asked:


I am looking at a house that I absolutely love. But it needs a lot of work. The seller understands this and is willing to sell the house at below market value, but is not willing to make the repairs themselves.

Is there a loan I could get that would cover the cost of the house and lend extra for the repairs?

Jeff

bandana asked:


A job transfer has relocated us to Las Vegas, and we’ve gotten approved for 360K to buy a house. We offered 285K on a home and would like to get an additional 25K from the home loan in order to repair the house (carpet/flooring, paint, and other repairs)

Will lenders typically do that? What other avenues are there to get cash to repair the home?

Zachary