Help for House Flippers


In an effort to get as many foreclosures off the market, the FHA has lifted some restrictions on investors who wish to "flip" a house. Now private companies that assess and purchase foreclosures  are encouraged to buy more foreclosed properties and sell them to buyers using an FHA loan.  Of course some rules apply, a house cannot be flipped for more than a 20% profit and this exemption only lasts a year.  This is a great opportunity if you have an interest in getting into house flipping.

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