HUD 221 D4
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.