Wealth Strategies for Apartment Investing
Disadvantages of HUD Multifamily Loans
The 12 Disadvantages of HUD Multifamily Loans
| *Takes a Long Time to Close | *Older Properties May Have to be Remodeled | 
| *Higher Closing Costs | *Monthly Replacement Reserves Required | 
| *Minimum Loan $3,000,000 | *Working Capital Reserve for Construction | 
| *Annual Financial Audits | *Davis-Bacon Wages Required for Construction | 
| *Biannual Draws for Owners | 
         





