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HomeForumsBuying & Selling Real EstateHUD Houses and 203K Delaware
Adam Costa's profile image
Adam Costa's profile image
Adam Costa
  • Real Estate Agent
  • from Wilmington, Delaware
  • Member since Oct 21, 2015
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Adam Costa's profile image
Adam Costa's profile image
Adam Costa
  • Real Estate Agent
  • from Wilmington, Delaware
  • Member since Oct 21, 2015
Connect
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 Jun 3 2016, 05:07

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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