If you like good news and happiness, check this out… So back in January 2010 we reported (and rejoiced) that the FHA had decided to suspend the 90-day anti-flipping rule for 1 year. The now-infamous rule was originally intended to prevent shady speculators from...
S o Government mortgage giant Fannie Mae has just announced some interesting new mortgage underwriting guidelines in an April 14th bulletin to lenders. And among them is a tasty little tidbit that changes things for a certain slice of troubled mortgage borrowers...
So have you ever been to one of those hotel real estate investing seminars over an evening or weekend? No, not your local REIA or Meetup group. I mean the ones we see advertised all the time in newspapers, late night TV or now even Facebook actually: “Free Home Buyer...
Hold onto your hats, folks. This one’s pretty mind blowing… Have you heard about the “sweetheart deal” One West Bank got when they purchased Indymac’s junk from the FDIC? They were basically spoon fed a no-lose situation…but one...
On Friday January 15, 2010 we posted the FHA’s announcement to suspend their now infamous 90-day anti-flipping rule for 1 year, effective February 1, 2010. Yes, this is great news for investors trying to flip properties to FHA Buyers! But after reading...
Friday, January 15, 2010 So I just got back from a late night donut run, and found some titillating news for investors awaiting my return… Apparently today the FHA has suspended the 90-day anti-flipping rule for 1 year, effective February 1, 2010. So for at...