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Updated about 14 years ago on . Most recent reply

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James Mason
  • Member since May 10, 2011
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James Mason
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Foreclosures

Hud 221 D4

James Mason
Posted

I have just started looking at obtaining HUD financing for a 30 unit townhouse project that I am doing. I would need to borrow 3.3 million for the project, including purchase and developing the land and construction of the townhomes. I would be the builder developer.

Can anybody give me an idea of how long loan approval typically takes, how much out of pocket money I would need, etc.

I'm sure I don't even know enough to ask all the right question. Any help/information will be appreciated.

James

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