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Updated over 5 years ago,
Delayed Financing and rehab costs
There was a podcast about a year ago where the guest discussed a trick that allowed delayed financing to include rehab costs.
I believe he said that if the rehab costs were included on the HUD 1 and the money was escrowed it could be included in the delayed financing figure provided it didn't breach the LTV.
Anyone know which guest:and or podcast this was?
Thanks much!
Chuck