From: "Howster" 
Newsgroups: alt.invest.real-estate alt.realtor.relocation law.court.federal misc.invest.real-estate alt.invest.real-estate.methods
Subject: Re: Flipping IS Illegal
Date: Sun, 13 Jul 2003 01:58:58 -0400

Appraisers and mortgage companies now research title chain looking for
| duration of ownership.  I've been bitten by the 90-day rule already.


What are the consequences of being bitten by this rule????



| I've also been required to demonstrate accounting this year to make
| sure I'm not earning too much (over 20% seems to be considered
| naughty).

Would you mind going into depth about this statement as well, please


| What do the appraisers or mortgage borkers on this board have to say
| about any new guidelines they are now being asked to follow?