Episode 26: Rehab Your Real Estate – Featuring Lynn Devin

Fix It to Flip It: How Rehab Loans Can Unlock Real Estate Potential

When it comes to real estate, vision is everything — and sometimes, the perfect home just needs a little TLC.

In Episode 26 of Real Estate Tips with S&L – Rehab Your Real Estate, we sat down with mortgage expert Lynn Devin from CrossCountry Mortgage to explore how renovation loans can help buyers and investors turn “almost right” properties into dream homes or top-dollar flips.

Here are the key takeaways from our conversation:

1. Rehab Loans Open New Doors

Think that fixer-upper is out of reach? Think again. Renovation loans, like the FHA 203(k) or Fannie Mae’s HomeStyle loan, allow buyers to roll renovation costs into their mortgage — making it possible to buy and upgrade with just one loan.

2. Don’t Fear the Fixer-Upper

In today’s competitive market, move-in-ready homes are in high demand — and often come with a high price tag. A rehab loan lets buyers consider homes that need a little love, often at a better price point, with the ability to customize updates to their liking.

3. Perfect for First-Time Buyers and Investors

Whether you’re buying your first home or looking to flip or rent out a property, a renovation loan can be a powerful tool. It gives you the flexibility to modernize outdated features, increase value, and build equity quickly.

4. The Right Lender Makes All the Difference

Renovation loans can be more complex than traditional mortgages — but with the right guidance, they’re totally doable. Lynn shared how working with an experienced lender who specializes in rehab financing makes the process smoother and stress-free.

5. Think Long-Term Value

A strategic renovation doesn’t just improve livability — it boosts resale potential. From kitchens and bathrooms to flooring and curb appeal, smart upgrades can significantly increase a home’s market value down the line.

The Bottom Line:

A little vision (and the right financing) can go a long way. Whether you're a buyer searching for a hidden gem or an investor looking to build value, renovation loans are a game-changing opportunity.

🔗 Tune in: Listen to the full episode below, watch on YouTube or listen wherever you get your podcasts!

Ready to explore the possibilities? Check out My Little Black Book for a list of my trusted service professionals & lending pros.

Connect with Lynn at lynn.devin@myccmortgage.com

I am your local real estate expert Making Realty Dreams Reality. Give me a call at 978-855-9112 or fill out this contact me form to get started on your homeownership journey.