By jp | Featured, Real Estate Investing News | View Comments
// 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 [...]
By jp | Featured, Real Estate Investing News | View Comments
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 [...]
By | Real Estate Investing News | View Comments
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 [...]