Unfortunately I let O'Brien Law close one of my deals with HUD to save money and guess what they didn't catch back taxes due on property when I went to resell.

If there are too many title transfers (often more than even a single transfer) in the past 12 months, it may be very difficult for me to resell to an FHA buyer, as the property would be "red flagged" by FHA due to "excessive flipping."

I'm trying to tie up a property long enough to either find private money, so I can close myself, or quick resell to an end buyer.What are the advantages and disadvantages with tieing up properties using either an "Option" or a "Purchase and Sale Agreement".

Here's the bulk of that text:------------------------------------------------------------------------The Old FHA 90-Day RuleBefore 2/1/2010, FHA/HUD had a very clear and very strict rule that basically said, “If you buy a property, you can’t resell it to an FHA buyer for at least 90 days after you purchase it.”In fact, in some cases, you couldn’t even sign a contract with a buyer until after 90 days from purchase.

You then close on the property and resell it quickly, or assign (sell) your contract.

if the house is foreclosure and most of the work has been done, what could you do to make the value of the house go up and resell it for more?

Hello, I would like to ask a question based on what I have read and found.I found a house for about $118,000, 4bed, 2bath, full basement, lets say, hypothetically speaking the house needs about 20k in rehab; and I believe I can resell the house for about 150,000.

The ability to save a commission when purchasing, and the ability to save when reselling.

I ask as an investor, if i were to own the house after a fix and intend to re-sell it. i worry that disclosing that if i am a license holder may allow them to either try to negotiate the price lower or be turned off from the transaction.

If you're planning to rehab and resell this property, then there are no worries, as the retail transaction associated with the property will be at retail values, and will wipe out this distressed sale as a comp.