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Updated over 9 years ago on . Most recent reply

Adam Costa's profile image
Adam Costa's profile image
Adam Costa
  • Real Estate Agent
  • from Wilmington, Delaware
  • Member since Oct 21, 2015

User Stats

16
Posts
7
Votes
Adam Costa's profile image
Adam Costa's profile image
Adam Costa
  • Real Estate Agent
  • from Wilmington, Delaware
  • Member since Oct 21, 2015
Adam Costa
  • Real Estate Agent
  • Wilmington, DE
7
Votes |
16
Posts
Buying & Selling Real Estate

HUD Houses and 203K Delaware

Adam Costa
  • Real Estate Agent
  • Wilmington, DE
Posted

Good morning BP, 

I was speaking with a lender yesterday about the BRRR strategy with regards to refinancing to pull the hard money out of the deal. He suggested waiting out the owner-occupied period on a Hud House as a 203k loan can then be used for the rehab. Has anyone had any experience with this strategy?

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