investor: The FHA Anti-Flipping Rule and What it Means for Flippers and Buyers - 06/04/19 07:57 AM
If you are buying, fixing, and flipping single-family houses – particularly starter homes – then you need to know about the Prohibition of Property Flipping Rule created by the Department of Housing and Urban Development (HUD) to prevent egregious predatory flips within the Federal Housing Administration (FHA) mortgage insurance programs. I will first explain the rule, then the exceptions to the rule, and finally the strategy flippers and homebuyers can take.
The FHA anti-flipping rule was instituted on June 2, 2003 and includes the following stipulations when the buyer is obtaining an FHA loan:
Only owners of record can sell properties. This … (1 comments)

investor: Unlucky Thirteen: 13 Mistakes New Real Estate Investors Make - 05/29/19 06:53 AM
These are all mistakes that I have made, so I’m not pointing fingers. I urge you to learn from my mistakes.
 
1. Rushing to buy. In 2004, I called myself a full-time real estate investor yet I had never owned any real estate. With my hard-earned money burning a hole in my pocket, I bid sight unseen on a 5-unit property in inner-city Philadelphia because the flier at an auction showed a pro forma capitalization rate of 17 percent. That was a costly mistake and a valuable learning experience. I recklessly bought the property with no due diligence because I felt the … (6 comments)

investor: Maximizing your experience at a real estate investment seminar - 05/22/19 01:02 PM
The most important investment you can make is in yourself. Many people who created wealth in real estate did it through their actions during the evenings and on weekends. Below are some tips to maximize your experience.
Know what you want to accomplish during the seminar. Are you there to learn about a particular real estate topic? Are you interested in developing a business relationship with a real estate agent, contractor, property manager, or instructor? Are you looking for a local real estate investment group to join? Are you looking to expand your network of buyers or sellers? Do you need to … (0 comments)

 
Tai DeSa, Husband and wife team. #diapersandrealestate (Keller Williams Real Estate) Rainmaker large

Tai DeSa

Husband and wife team. #diapersandrealestate

Allentown, PA

More about me…

Keller Williams Real Estate

Address: 40 South Cedar Crest Boulevard, Allentown, PA, 18104

Office: (610) 435-1800

Mobile: (484) 626-1278

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