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Updated over 7 years ago,

Kerry M.'s profile image
Kerry M.'s profile image
Kerry M.
  • Rental Property Investor
  • from Washington, D.C.
  • Member since Mar 24, 2012
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User Stats

66
Posts
5
Votes
Kerry M.'s profile image
Kerry M.'s profile image
Kerry M.
  • Rental Property Investor
  • from Washington, D.C.
  • Member since Mar 24, 2012
Connect
Kerry M.
  • Rental Property Investor
  • Washington, D.C.
5
Votes |
66
Posts
Buying & Selling Real Estate

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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