I found a house at $140k in good shape except it needs flooring to be installed on 80% of it. This would cover about 1800 sq ft.
The sub flooring plywood is in place, so I'd like to put down tongue and groove wood flooring, and some rooms with ceramic tile.
On a conventional loan will they allow me to close on the loan with at least 5% down, and then buy the materials and do the work myself, or hire a contractor (after closing)?
Read more: Conventional Mortgage requirements for flooring?
