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Updated over 5 years ago on . Most recent reply
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Will Hard Money Lenders Loan money for a Foreclosed HUD Houses?
I was looking at Foreclosed HUD homes and was wondering, Will Private/Hard Money Lenders provide loans for these Foreclosed homes so that an Investor can then Rehab it and do a Cashout Refi on the property? Is this even a thing? Are there restrictions on what you can do with a foreclosed HUD home?
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@LaQuan Bates Thank you for asking this because I have been pondering the same! The only houses I can find at prices that work for me are mostly foreclosures and how to find financing regarding foreclosures here in VA, now that I know I will start looking into hard money lending options.