Wednesday, December 19, 2012 / by Todd Franz
GOOD NEWS FOR FLIPPERS!
Whether you are a professional real estate investor or a mom and pops flipper, there is good news for you guys!
"Rehabbers and real estate investors rejoice: You'll still be able to sell houses to first-time buyers using low-down payment Federal Housing Administration-insured mortgages next year, even if you've owned the fixed-up property for less than 90 days."
IF PRICE JUMP IS MORE THAN 20%...THERE ARE SOME RULES YOU NEED TO KNOW.
CLICK LINK TO READ THE FULL ARTICLE.
Thanks and have a great Christmas Holiday!!