I have won and purchesed 2 HUD homes in the past few months and I was given a inspection period...

About myself - been investing in real estate for the past 10 years.

As my screen-name implies, I`m certainly no expert, but I have been researching this subject myself for the past couple of months.

A Mainframe Systems Programmer for the past 11 Years and a real estate, Stocks/Bonds beginner investor for the past 1 1/2 Years, I have invested in NONE!

Interestingly, after the dust settled this past weekend, turns out this new mc is close buds with the old one, uses the same accounting method and resists changing.

You'll probably walk with 220 (and YOU are the one who paid the past 2 years mortgage, not the tenant)NO brainer to me!

Keep your repair receipts to justify mark up on home.read this...Seller Seasoning:Seasoning <90> 90 days but < 12 months, a second appraisal may be required if the re-sale price is 5% or greater than the lowest sales price of the property within the past 12 months.Property flipping is a practice where recently acquired property is re-sold for a considerable profit with an artificially inflated value, and is ineligible for FHAAlso attatched is guidelines for FHA loans Hope this helps

Every time, I run in to such things, I always feel that I did not have that bad a past and try to learn out of your experiences than mine.

With historically high rates of default on home mortgages lenders are facing many more foreclosures than they have in the past.

In the lease, can you reserve the right to sue the tenant for any loss it seems that they have caused, like fire or other damage, something that goes past the amount of the security deposit?