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.

I now live in Alabama, with my husband, but I still have my Texas law license.

Pennsylvania's seller disclosure law requires disclosures regarding pests:http://www.blackboxreader.us/PA%20DISCLOSURE.pdfThis form is the minimum set of disclosures that MUST be supplied (when disclosure is required by law) in PA:http://www.parealtor.org/clientuploads/StandardFor...Good article by attorney regarding PA seller disclosure:http://dornish.net/seller-beware-of-pas-disclosure...

Hi James,I agere that getting your LLC going should be your first step.llet me recomend that you reach out Bill Dolan at Dolan Law.  

There are law firms that specialize in cross border legal and tax matters. 

Clearly, you are breaking the law.

I recommend that you get a real estate attorney that specializes in landlord-tenant law and that  handles evictions in your area to help you.

if the fmv of property is 60k and assuming 12% interest does not violate Dodd Frank laws I WOULD guess around $40 k with some luck 

The state nexus is just general real estate law for the state and does not vary depending on whether IRA or non-IRA money is used.The exception would be if you choose to use the IRA LLC format in order to have more direct control over the funds.  

The bulk sales law seems to be a little murky for rehabbers.2) If yes, can I do it myself or do I need an accountant?