INVESTOR ALERT!! HUD has announced today that the 90-day house flipping restrictions have been lifted as of February 1st, 2010. For my friends who are really into multiple streams of income and like to get their hands dirty fixing up those Fixer Uppers....this announcement is for you! "Flipping" homes has now just become easier...at least for the coming year. This will certainly be a positive effect on our market.
Here are some things that are rules applying to this new HUD flipping houses rules:: Buyer and seller may not be family members. Seller may not increase the (6 comments)