Anti-Flip Rule Suspended Again!
FHA has again suspended the Anti-Flip Rule until January 2012. What does that mean? It means that if you are an investor (and do not intend to occupy the property), you can purchase an FHA (or HUD) home and rehab and then sell with in 90 days with FHA's full approval! FHA wants investors to buy these homes that need repairing. And we need for investors to buy homes and repair them!
With low interest rates and high demand for rental properties, what a great way to see a great turnaround on an investment. Here in Georgia, homes can be
purchased for well under $50K with little repair work needed.
As in the past, FHA requires that the HUD homes purchased were required to be
held for 90 days or longer; regardless, this is
great news.
Call if you are interested in investing in Real Estate. Many of my
investors have a ROI of 20% and more.
http://www.janejohnsonjustsold.com/
janejohnson2004@gmail.com
FHA has again suspended the Anti-Flip Rule until January 2012. What does that mean? It means that if you are an investor (and do not intend to occupy the property), you can purchase an FHA (or HUD) home and rehab and then sell with in 90 days with FHA's full approval! FHA wants investors to buy these homes that need repairing. And we need for investors to buy homes and repair them!
With low interest rates and high demand for rental properties, what a great way to see a great turnaround on an investment. Here in Georgia, homes can be
purchased for well under $50K with little repair work needed.
As in the past, FHA requires that the HUD homes purchased were required to be
held for 90 days or longer; regardless, this is
great news.
Call if you are interested in investing in Real Estate. Many of my
investors have a ROI of 20% and more.
http://www.janejohnsonjustsold.com/
janejohnson2004@gmail.com
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