| Until recently, flipping houses to an end buyer that uses | | | | more if you hire an attorney you'll have a way to |
| FHA financing to purchase the home has been nearly | | | | eliminate the pesky FHA restrictions and flip property |
| impossible to close. FHA's title seasoning rule of 90 | | | | to buyers that desire FHA financing and never worry |
| days and tight restrictions on closing disbursements | | | | about getting paid again. Those investors who have |
| has made it more than difficult to get paid, just ask the | | | | been lucky enough to obtain such contracts are able |
| thousands of investors that have been screwed out | | | | to flip property quickly, generating thousands of dollars |
| of their profits at the closing table. | | | | of profit. Market conditions are perfect for flipping |
| The Obama administration has recently announced it's | | | | property and this FHA Package makes it even easier. |
| injecting billions into the mortgage market to be used | | | | Many buyers right now cannot qualify for a |
| for loans and a good portion of those dollars will be for | | | | conventional bank mortgage. When you add the ability |
| nationwide FHA loans. | | | | to utilize FHA loans, and get around the title seasoning |
| FHA loans are very desirable for buyers as they | | | | issues to your real estate investing toolbox, the market |
| require very little down payment, are low interest rate | | | | won't look so bleak anymore. |
| and easier to qualify for than conventional loans. No | | | | In addition to doing the FHA house flip, a well trained |
| wonder the demand for FHA loans is sky rocketing. | | | | consultant can also assist homeowners who can't |
| Obviously, it would make sense to try flipping homes to | | | | seem to sell their homes. You'll find lots more buyers |
| buyers using FHA financing, but the inherent restrictions | | | | using FHA loans than conventional loans. Talk to a |
| prevent this venue. However, with specifically designed | | | | highly qualified real estate attorney to get some |
| contracts there is a way to eliminate the restrictions | | | | contracts drawn up for you that eliminate the 90 day |
| once and for all and start profiting from house flipping | | | | title seasoning issue and you'll never be left sitting at a |
| property with FHA loans. | | | | closing with empty pockets again. |
| Once you have your hands on some good contracts, | | | | Market conditions are perfect for flipping property. |
| which will probably set you back a thousand dollars or | | | | Don't let anyone tell you differently. |