I specialize in the FHA 203(k) renovation loan. This program allows someone with a score as low as 580 purchase a home and finance renovation costs into one permanent mortgage. The total loan amount can be up to $287,500 in Orleans Parish and the down payment is as little as 3.5% of the entire project budget (purchase price plus renovation costs).
If you have properties you want to sell this way, lets talk. If you have a renovation budget estimate, we can put together a sale package for you to use in marketing your deals (it is a pdf file you can use to send to interested prospects from craigslist, etc.).
Go to my website http://www.203k-loans.com and click on the 203(k) information. Also, click on Contractor Information if you want to see the details the contractor must know to do these loans.
Don't have a contractor? I have several excellent contractors skilled in the FHA 203(k) program that I can recommend.