What types of apartment properties can be financed with HUD and USDA programs?
• Conventional acquisition and refinances • New construction and rehabs • Repositioned properties (i.e., mill) • Blanket Properties that need renovation • Distressed purchases that have upside -properties that are over leveraged, poorly managed, suffer from deferred maintenance and/or have high vacancy can still qualify under the program if the market and projected cash flow can be documented.
