Thus, the "quick flips" will be eliminated.Re-sales occurring between 91 and 180 days will be eligible provided that the lender obtains an additional appraisal from an independent appraiser based on a re-sale percentage threshold established by FHA; this threshold would be relatively high so as to not adversely affect legitimate rehabilitation efforts but still deter unscrupulous sellers, lenders, and appraisers from attempting to flip properties and defraud homebuyers.

So, I want to buy investment properties that are beyond the realities of repair for most people, mitigate and rehabilitate them, then sell them.  

I work with a lota lot of state and nonprofit agency to help blighted areas and provide safe homes for deserving people.And on top of all of that, I have a background in wildlife rehabilitation, mostly with raptors and bats.

You have been facing challenges with your condo investment in Hollywood, Florida due to difficulties in finding reliable contractors to perform the necessary rehabilitation work.

Something to keep in mind is you'll need to live somewhere, therefore you may as well own where you live and force appreciation through rehabilitation while you are there.

I think some experience doing value-add rehabilitation and studying the economics of grip it flip it ops (if that’s your plan) is in your best interest.

This letter contains instructions on:- how to remit rent;- when late fees and notices to vacate are assessed / field in the case of delinquent rent;- A page of contact numbers (ours, plumber, electrician, etc) and e-mail addresses;- An outline of any near term renovation / rehabilitation plans for the property;- A form for the tenant to list defects, maintenance needs of their unit;

Using a Wells Fargo Rehabilitation loan for the $46k purchase price and $45k in repairs, cash out refi as soon as possible.

It would go like this: Find distressed property with an ARV of say 90k, buy and rehabilitate for 45k.

We’ll done surviving the rehabilitation process.