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Updated about 11 years ago on . Most recent reply

User Stats

23
Posts
1
Votes
Parker T.
  • Tulsa, OK
1
Votes |
23
Posts

HUD purchase and financing

Parker T.
  • Tulsa, OK
Posted

All,

There is a property currently listed on the HUD Store for 41k. A couple questions...

1. Would I have enough time to find traditional financing for the purchase between the time my bid is due and when I have to close?

2. Would any traditional lender even write a note that small?

I've been on the sidelines for some time and I need to do my first deal!

Thanks for your help,

P

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