I posted to the REO/Foreclosure forum, and wanted to pose the question here. aside from rehab or construction loans are there any conventional financing options for distressed houses? or are the only options cash or hard money lenders?

I don't have a specific scenario but in genral are there any niche lenders who specialize in rehab financing?

Indymac

I fund lots of rehabs down in San Diego. There are a ton of options outside of hard money.

How "distressed" do you mean? I've sold tons of REOs on conventional financing that need a lot of work. All they have to do is appraise for the sale price.