I’ve been told that HUD will finance a multifamily building with 20% down and non-recourse financing. However, it takes up to 150 days to close with them. Is this true? Does anyone have any other pros and cons about HUD multifamily financing? Karl
I’ve been told that HUD will finance a multifamily building with 20% down and non-recourse financing. However, it takes up to 150 days to close with them. Is this true? Does anyone have any other pros and cons about HUD multifamily financing? Karl