HUD delayed financing exception in OKC

[Jimmy Martz]

Hey guys!

I read this article(link below) by @Andrew Syrios and I have talked to several lenders that I know in the area about this. None of them have any experience with this or have even heard about it. The premise is that with the delayed financing exception, you can pull 100% of your purchase + rehab costs back out without waiting the 6 month seasoning period up to 75% LTV. Has anybody in the OKC market used this strategy? Any recommendations for lenders or loan officers that are familiar and comfortable with this strategy?

https://www.biggerpockets.com/renewsblog/work-with...