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Can we buy a house now with a 203(k) and get another loan for renovations in 6 months?

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We're looking at purchasing a house with a 203(k) now but the $$ we qualify for won't be enough to do all the renovations we want to do.

In 6 months we'll be able to quallify for another loan but which loan ? another 203(k) ? does this make sense or would it be a Home Equity loan?

Please advise
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November 08 - Washington
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Answers (1)

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That makes less than no sense!

If you won't qualify for the purchase and renovation loan today...You are unlikely to qualify in 6 months! 
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November 08
 

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