Your Real Estate Club Blog

Building Wealth through Real Estate Education

Jul
13

FHA temporarily suspended 90-day rule on flipping

Posted under Real Estate Investing

This was taken from the C.A.R. web site:

“In an effort to facilitate the sale of bank-owned properties, the Federal Housing Administration (FHA) has temporarily suspended its 90?day rule against flipping properties. Under the anti?flipping rule, the FHA will not insure a mortgage loan if the sales contract is executed within 90 days of the seller’s acquisition of the property. Effective June 9, 2008, the anti?flipping rule has now been waived for one year for properties acquired by lenders, their subsidiaries, and their outside vendors.” Read the rest of this entry »

Posted by Elizabeth
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Jun
28

Another Flipping Book

Posted under Books

I read several books a week, and wanted to share a book I just finished. I didnt think I would enjoy another flipping book. But thought this one was great.

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Posted by Elizabeth
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May
15

Great Websites!!

Posted under research properties

Thank you to all of you who send me websites and info to help all of us with our investing.  Someone sent me these few websites, and they look great.  You may already know about these, but check them out and enjoy all the info you can get from these sites.

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Posted by Elizabeth
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May
14

Setting up a blog

Posted under Business

Today my goal is to set up my blog!! I am so blessed to usually have people help me with these types of task. But today my goal is to complete all on my own.

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Posted by Elizabeth
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