The waiver applies to all sales contracts executed on or after February 1, 2010, until 11:59 PM, December 31, 2014.FHA deems a sales contract to be executed when all parties to the contract have signed the contract, and the contract is enforceable under the law of the state the property is located.Mortgages that are made on properties in which sales contracts have been executed after 11:59 PM, December 31, 2014, are not eligible for a waiver of the regulation prohibiting property flipping.FHA will not extend the waiver beyond December 31, 2014.Section 203.37a(c) lists the sales transactions exempt from this rule.The exempt transactions include sales by HUD of real estate-owned (REO) properties under HUD’s regulations in 24 CFR part 291, sales by other federal agencies of REO properties, sales of properties by nonprofit organizations that have been approved to purchase and resell HUD REO properties, sales by state - and federally - chartered financial institutions and government sponsored enterprises (GSEs), and, upon announcement by HUD through issuance of a notice, sales of properties in areas designated by the President as federal disaster areas.The regulation, including its exemptions, is still in effect.Quick Links and ResourcesReview the Federal Register Notice (Docket No.

Your enterprising hard work and determination will pay off as the years go by. 

You can adjust the purchase price accordingly . . .).4) New Tenant Credit History - This may be obvious but; You need to verify credit history on the new Tenant; Make sure you have an adequate security deposit,; Attempt to get a personal guarantee if the Tenant is a corporation or partnership, and; Verify their previous "leasing history" with their current and previous commercial landlords. if your new Tenant is a startup, be cautious, make sure they have the financial capacity and experience to conduct their new enterprise and pay your rent and the NNN expenses.5) CAP Rate -Each market and individual property categories will have their own unique market Cap rates.

This is down from the average of 4.4 years in 2012 according to the Bureau of Labor Statistics.What is your driving long term interest?

You do have unsophisticated borrowers attempting to conduct a business enterprise, the degree of scrutiny is much less with commercial but, basic theories, such as knowledge of the parties, prudent actions of an informed seller or buyer, acting in a predatory manner still apply.

I noticed we did not state in the lease that failure to pay was grounds for termination, only a negative report to the credit bureau.

There is an additional incremental 5 “Proposed Minimum Financial Requirements for Enterprise Seller/Servicers.”

I'm lucky my girl has the slovak nationalitie so its a little bit easy-er for me to start, but im focussing now on how i can make a good deal there without burning my money, and most importently where i need to think about, the crucial things..My first plan was buying from a "RE- bureau" who sells properties and pay little bit more but handles all the papers for me.. but last week i found a guy (online) who is a lawyer and sworn translator there and he speaks my language (dutch). the man himself is living there for 20+ years so he should know the rules, i will try to work with him to get some deals from other landloards or 'normal' people to get cheaper deals.

You can go to the tax claim bureau to get the listings of the properties and see what is available and what type of sale they are. 

I have know received a letter from the collection agency saying they'll report it to a credit bureau unless I get in touch with them in 10 days.