Thread: flipping rules
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Goedjn Goedjn is offline
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Default flipping rules

On Fri, 06 Apr 2007 10:28:48 GMT, "longshot" wrote:

fyi: i bought a house, did all the work needed within a couple months , had
a buyer & could not sell because the government is getting involved in
regulating any hud, VA , or FHA. loans to force the sellers to hold title
for up to one year. this particular one was able to close after 6 months,
but I had to pay the mortgage, taxes, insurance, & utilities through the
winter. Just thought some people might want to know that. beware.

Rob



Umm... Duh.


Those programs are designed to help people buy homes,
not to help people get rich in real estate.