Yes – you can buy an FHA foreclosed (HUD) home with $100 down…
But you must use FHA financing; the total estimated repairs don’t need to be under $5,000 (i.e., FHA insurable) as long as FHA financing is used; and you must be an owner occupant.
Unfortunately, Good Neighbor Next Door properties are ineligible for the $100 down.
See details here – http://www.hudpemco.com/100%20Down%20Payment%20Incentive.pdf
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