Large Home: 5 BR 4 BA 3,890 SQFT (REO, VA by OCWEN)
Price: $145,000 - ($270,000 ARV)
There was an electrical fire in the attic that didn’t cause much damage, but it’s obvious that there was a fire cause it burnt through the ceiling of one bedroom in a small area.
My question is, will a conventional lender loan on this property or will I have to find another alternative?
How would you get around this problem?