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Updated over 6 years ago,
HUD 221(d)4 Multi-Family Housing
Hello, I am new to BP and have really enjoyed what I have read so far. Before joining BP, I had been looking into multi-family housing specifically, apartment complexes around 300 units. In my research, I found out one way to do this minimize my upfront investment is through a HUD 221(d)4 loan. This is the niche/strategy that I am focusing on. I have not done one of these before, so I wanted to see if anyone here is familiar with this type of lending and project. If anyone is familiar with this type of strategy and is willing to share any tips or lessons learned about doing this kind of financing and project, I would be really interested in your thoughts/feedback.