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Updated almost 8 years ago on . Most recent reply

User Stats

66
Posts
5
Votes
Kerry M.
  • Rental Property Investor
  • Washington, D.C.
5
Votes |
66
Posts

What is HUD Guidelines 24 CFR 206.125?

Kerry M.
  • Rental Property Investor
  • Washington, D.C.
Posted

There is a 3/1 home for sale for a few thousand dollars in my target area. Does this mean I have to pay 95% of the original mortgage held by the lender after the purchase? The home is listed in foreclosure and was recently occupied.
Thanks!

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