Q&A: VA,FHA,Conventional mortgage guidelines against flipping?

Posted on Aug 9, 2012 in FHA Information

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Question by adam g: VA, sickness FHA,Conventional mortgage guidelines against flipping?
Been investing for a bit now and just started my first intentional flip. I heard that their is a mandatory 90 day waiting period to sell to anybody using VA or FHA loans. Is this true? How do flippers get around this? Do conventionals have the same guidelines?

Best answer:

Answer by senior2tor
If you have a VA or an FHA mortgage then what they require you to do you must do. Few house sales close faster than that anyhow.

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One Comment

  1. not sure about va or fha but hud has no restrictions on flipping but you can only purchase 1 home in a 12 month period