FHA Anti Flipping Rule Rescinded!

In an effort to help bring stability to home values and accelerate the sale of vacant properties, the FHA anti flipping rules have been rescinded! Effective February 1, 2010 the FHA has waived the 90 day rule on financing of properties that have recently purchased by investors. This is great news! There are plenty of investment properties on the market in Myrtle Beach...it's time to take advantage of these deals.

Derek Heppe, REALTOR & CRS
REMAX Beach & Country
Phone: 843.655.5777
Email:  DerekHeppe@DerekHeppe.com
Website:  http://DerekHeppe.com

Posted by Derek Heppe at 2/1/2010 8:52 AM
Categories: Flipping, Investments
Tags: Anit Flipping Investment News Flipping Homes
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