As a current homeowner who has repaired and restored air-cooled VWs for
years and because of a general love of anything old, I'd like to look into
buying a historical house and restoring/preserving it (and of course living
in it). I'm looking in the Knoxville TN area - particularly Old North
Does anyone have experience with a FHA 203(k) loan for house rehabilitation?
Can it be used to buy a house that is over 100 years old and fix it? How
difficult is it to bring a 100 year old house up to modern building code?
Is it even possible? I realize this would be more of an adoption than a
purchase. ;) Any links that I should look at? What am I getting into? :)
I am looking at Queen Annes and Victorians. Most had been previously split
up into apartments.
Thanks so much for any help!