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Updated over 4 years ago,

Kody Thompson's profile image
Kody Thompson's profile image
Kody Thompson
  • Rental Property Investor
  • from Lehi, UT
  • Member since Mar 3, 2020
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User Stats

159
Posts
158
Votes
Kody Thompson's profile image
Kody Thompson's profile image
Kody Thompson
  • Rental Property Investor
  • from Lehi, UT
  • Member since Mar 3, 2020
Connect
Kody Thompson
  • Rental Property Investor
  • Lehi, UT
158
Votes |
159
Posts
Buying & Selling Real Estate

Financing new development with a FHA Loan

Kody Thompson
  • Rental Property Investor
  • Lehi, UT
Posted

I had a pretty interesting meeting with a local developer this week where they mentioned that they use private funding to complete new apartment complexes and then once the project was complete they would get FHA financing without having any leases signed.

Does anyone have any experience with these types of loans. Any insight is appreciated!

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