Forum Archive: Posts by: ggpack

Hello,
My husband and I are thinking about buying a brownstone shell in Harlem to renovate into a 2-3 family house. After reading some of the posts on this site, I’ve gotten the impression that mortgage companies don’t give loans for buying and renovating brownstone shells. Is this true? Would this type of purchase require %100 cash for the property and renovations? What about FHA or 203K loans? Please advise. Thanks.