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All Forum Posts by: Vito B.

Vito B. has started 0 posts and replied 1 times.

Foreclosures

Post: Anti-Flip Clause

Vito B.Posted
  • Flipper
  • Charleston, SC
  • Posts 1
  • Votes 0

Regarding Fannie-Mae 90 day anti-flipping deed restrictions, has anyone utilized this method as a workaround and does anyone (lawyers input would be welcome) have a point-of-view about this type of a maneuver?

"Another strategy not mentioned in the video is to make offers in the name of a corporation or LLC and then sell the entity to your buyer, prior? to the closing date. Then your buyer, as the new owner of the entity goes to the closing and buys the property. This requires you have expendable entities at the ready."

0 Votes