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Podcast: The Real Estate Espresso Podcast
Episode: New HUD Loan Policy Change
Description: On today’s show we are reporting on a change to financing rules in the US that stand to improve the numbers for multi family apartment projects. We are talking about the HUD financing. This is more difficult financing to get than agency debt like Fannie Mae or Freddie Mac. But it is superior financing. There are several different loan types. I’m going to focus on the HUD 223F loan, but everything I’m about to say also applies to the HUD 221D4 which is a construction loan combined with a permanent loan. The rea...