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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 carefully through it myself, I see there are also some caveats and important [...]

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 least the next dozen months, FHA buyers can obtain loans on properties [...]

Did you hear about the new FHA waiver suspending the 90-day no-flip rule?
I first caught wind of it Friday through a forum post, then again on Cory’s blog and on CNN.
The CNN article says…
“The Bush administration is temporarily suspending a 5-year-old rule intended to deter property flippers, as part of an effort to help speed [...]