FAQ on 203K/Rehab Loans
Contact a 203k/Rehab Lender and get pre-qualified. We can assist you in finding a lender in your area that we've worked with to insure that you'll get the best service.
Step 2
Hire a real estate professional to assist in finding a suitable property. Always choose one that understands 203k/Rehab Loans. (If you're refinancing an existing loan with a 203k/Rehab Loan, a real estate professional may not be involved).
Step 3
Set an appointment with us as your 203k/Rehab Consultants. As your consultant, I will meet you at your site and review copies of the contracts and agreements required for the 203k/Rerhab loan given to you by your lender. After our meeting and the HUD/FHA Inspection that I will provide, I will create a "Job Specification and Bid Request", which is a list of the FHA-required repair items. I will also gather information from you on repairs and upgrades/modifications that you may want to add to the project (i.e. new cabinets and flooring, windows, etc.) I will also forward copies of the various reports to your lender to assist you in the loan process.
Step 4
Get contractor bids by using the "Job Specification & Bid Request" prepared by me as your consultant.
Step 5
Choose a contractor. As your consultant, I can assist you in the process and verify contractor compliance to the specifications. The lender will hire an appraiser and once the appraisal report is done, in most cases, your lender can close the loan.
Step 6
Schedule the contractor to begin the work. Once the work begins the contractor will require continuing inspections called "Draw Requests" to get progress payments for the work as it's completed. As your consultant I will inspect the project and prepare these documents and repeat the procedure until the project is complete.
*Although the 203K Limited (formally known as Streamlined K) program does not require a Consultant by FHA Standards, as of November 2025, the amount of the Limited K Rehab Loans has been increased to a maximum of $75,000. Due to this substantial increase, FHA now allows the fees for services of a 203k Consultant to be included in the mortgage. Therefore, It is strongly recommended that you use the Consultant to prepare the "Job Specification & Bid Request" and act as a "Plan Reviewer" to verify compliance with the specifications and perform needed progress and final Draw Inspections.
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You are in good company...

“Working with David and Walks3000 made the entire inspection and renovation process feel simple and stress-free. He took the time to explain everything in a way we could actually understand, which gave us confidence moving forward with our purchase. We never felt lost at any point.”
Melissa R.
Miami, FL

“Walks3000 gave us the confidence to move forward on a property we originally had doubts about. David identified key issues early and helped us understand the true scope of work before closing. That insight alone saved us thousands and helped us make a smart investment.”
David & Erica M.
Fort Lauderdale, FL

“The level of detail David brings to his inspections is unmatched. He doesn’t just point things out—he explains what it means, what to expect, and how to handle it. That kind of insight is rare and extremely valuable.”
Carlos T.
South Florida

“David Walks and the Walks3000 team demonstrate a level of expertise, professionalism, and attention to detail that is essential in today’s housing and renovation space. Their ability to guide clients through inspections while helping them understand the bigger picture of property condition and improvement is truly impactful. At NAFHAC, we value professionals who bring both knowledge and integrity to the table, and Walks3000 consistently delivers on both.”
Catherine Hall
Executive Director, NAFHAC
Join the growing number of Florida homebuyers who have trusted Walks 3000 Inc. for structured, confident renovation guidance.
Our renovation loan expertise helps buyers move forward with clarity, avoid costly surprises, and turn potential properties into long-term investments.
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