federal flipping law

[rob mclarty]

Experts,
I am an investor who purchases foreclosed MHs rehabs them and turns them on the retail market. I have been hearing alot of scuttlebut lately regarding the anti-flipping law that was passed in May. Some of the talk suggests that getting a foreclosed property financed following a short term purchase is going to be increasingly difficult. Others say that lenders who are not backed by Fannie and Freddie will continue to finance as they have with no requirement of seasoning.What is your take on the anti-flipping law and its impact on investors in the MH market? What strategies would you suggest in dealing with these transitions? Are there any resources you would sugest?