The news from FHA today is beyond HUGE! They have suspended their 90 day rule beginning 2/1/10. This means we can now sell properties to FHA buyers without having to season the title for 90 days. This opens up a HUGE market of buyers that were largely unavailable to investors.

Since 2006 FHA, with only a few exceptions, has refused to finance a deal for a buyer, where the seller was not on title for at least 90 days from the time the buyer opens escrow. So for practical purposes that really meant +/- 120 days of ownership till you could close with an FHA buyer.

This has made it tough for investors like us because, lets face it, first time home buyers are where it’s at and the majority of them get their mortgages from FHA.

That’s why I’ve been teaching folks to flip junkers to investors and then they would fix and sell to the FHA buyer after they’d owned it long enough, but… 120 days is a long time. Too long.

Well the flood gates have been opened. We can now sell direct to FHA buyers too! Short sale deals, REO’s, private seller deals, you name it!

There are some provisions of course but this is really huge. REALLY HUGE!

If you read the Waiver you’ll see it says that the seller has to be on title at the time of close. Don’t think for a minute that this rules out same day closings where we provide 1 Day Dough. Oh no.

We deal with that every day already, and close deals left and right where the buyer’s lender wants to see the seller on title before they’ll fund. It’s no big deal. We can handle it!

Just ask Joseph W. from Santa Rosa, CA. I funded a $125,000 deal for him just the other day (1/11/10) where we handled this exact situation. Joseph made a quick $10,000 in cash!

Or ask Bozena Z. from Chicago, IL. I funded $265,000 and Bozena made $70,000 cash.

Or Jason M. from Suwanee, GA. I funded $106,000 and he made $39,000 cash.

YOU can do the same, on all sorts of deals, NOW INCLUDING FHA!

I can’t believe I just wrote that. I seriously need to pinch myself! This is the most amazing news I’ve heard in I can’t remember how long.

Plus, we’re now doing longer term funding on select deals.

So, now, more than ever… there’s never been a better time to get in the business and do what I and many of my students are doing daily. And remember this… I WANT TO FUND YOUR DEALS!

I have the proof of funds you need. I have the funding you need. I have the automation tools you need. I’ll provide the training and personal support you need, and ALL are yours for free when you use the funding.

Learn all about how you can begin cashing in on the Foreclosure Bonanza (that just got BETTER!) now.

Click Here For My Free Web Training, Where You’ll Learn How When You Use My Funding, I’ll Give You ALL Of The Above FOR FREE – Because I Want To Fund Your Deals!

Best regards from your totally FREAKING OUT friend,

Cam

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