How old or recent is this and can this make a big impact on people like me wanting to get started in rei…
here is ther website where they are talking about banning hud homes from being flipped
http://www.mortgage-investments.com/Investors_in_Real_Estate/HUD_property_flipping.htm
If they open the HUD homes to “all buyers” then they cannot stop an owner from doing whatever they want with the property. They cannot ban flipping … only time they can say anything is if you buy it as OO (Owner Occupier) and then sell it before the six month seasoning rule has been satisfied then it is about a 250k fine and other consequences from stiffing Uncle Sam … so don’t worry about it just yet.