Dear Grandpa, Remember how you told me that you and Grandma got a house when prices were low? And you said you paid like 18% for your mortgage? And you had to save up a bunch of cash for a down payment? Well guess what? I'm going to buy a nice big house with little or no down payment, at around 4% interest rate and at a really low price. Man it's good to be me, I'm just living the dream. Can I borrow some elbow grease and some of your tools though? Cause this house needs some. Sincerely YOU. Come get your RD loan on at this house, needs work and perhaps the RD Plus Renovation loan may cut it, or FHA 203k could work.
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