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Updated almost 15 years ago on . Most recent reply

User Stats

13
Posts
10
Votes
Brian Walters
  • Investor
  • Shawnee, KS
10
Votes |
13
Posts

HUD 221 D4

Brian Walters
  • Investor
  • Shawnee, KS
Posted

I am looking at a mixed use building development that I was told would qualify for HUD 221 D4 financing. I have seen the pro-forma and it appears that there is no cash down required, but a completed set of construction docs and some fees totalling about $500K. Does anyone know about this type of financing? I could maybe find the $500K from a private investor, but don't know if I would qualify for the loan.

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