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Updated over 7 years ago,
HUD multifamily loans - other than slow processing, worthwhile?
I'm doing some research on multifamily lenders and I learned that HUD offers loans at rates in the 3.5% - 4.4% range for 30 years with a 40 year amortization schedule. Other than the fact that it can take months for them to process a loan, if you have the time to wait, anyone aware if there are any other drawbacks to HUD loans on stabilized MF assets?