In 2012, You CAN “Flip” a Property with an FHA Purchase Money Mortgage!

Federal Housing Administration (FHA) guidelines do not permit a buyer to purchase a home with an FHA-insured mortgage if the home being purchased has been owned by the seller for less than 90 days. However, the FHA a extended it’s temporary waiver of this “anti-flipping” regulation through December 31, 2012 while keeping all other terms […]