http://theprivatemarket.com/fha-90-day-flipping-rule-waiver/ Peek Behind the Curtain of Investment Real Estate Mon, 20 Feb 2012 23:20:24 +0000 hourly 1 http://wordpress.org/?v=3.3.2 http://theprivatemarket.com/fha-90-day-flipping-rule-waiver/comment-page-1/#comment-17233 Paul Barrow Mon, 31 Jan 2011 18:08:42 +0000 http://theprivatemarket.com/?p=1266#comment-17233 My mortgage guy sent me confirmation that it will be extended through Jan 31, 2011. However many lenders will not honor this rule and have seasoning issues of their own. Investors beware when you sign contracts to see your properties and be sure to confirm that your buyer has a loan that will close. My mortgage guy sent me confirmation that it will be extended through Jan 31, 2011. However many lenders will not honor this rule and have seasoning issues of their own. Investors beware when you sign contracts to see your properties and be sure to confirm that your buyer has a loan that will close.

]]> http://theprivatemarket.com/fha-90-day-flipping-rule-waiver/comment-page-1/#comment-15935 Paul Barrow Sun, 09 Jan 2011 16:12:38 +0000 http://theprivatemarket.com/?p=1266#comment-15935 Bob - I have not heard yet of an extension. My mortgage broker said he received notification recently to not accept new FHA loan applications on a flip property. This is bad news for investors and buyers as often the best properties are flips by talented investors who can rehab in 30 days. I am currently not accepting offers from FHA buyers on my flips. I am also working flips in a slightly higher price range that is more likely to have conventional loan buyers. I suggest FHA buyers work with knowledgable brokers and agents regarding how and when to make offers on flips. Stay tuned. Bob – I have not heard yet of an extension. My mortgage broker said he received notification recently to not accept new FHA loan applications on a flip property. This is bad news for investors and buyers as often the best properties are flips by talented investors who can rehab in 30 days. I am currently not accepting offers from FHA buyers on my flips. I am also working flips in a slightly higher price range that is more likely to have conventional loan buyers. I suggest FHA buyers work with knowledgable brokers and agents regarding how and when to make offers on flips. Stay tuned.

]]> http://theprivatemarket.com/fha-90-day-flipping-rule-waiver/comment-page-1/#comment-14989 Bob Redmon Thu, 30 Dec 2010 18:08:47 +0000 http://theprivatemarket.com/?p=1266#comment-14989 Is th 90 day waiver going to be renewed past Jan. 31rst.? Is th 90 day waiver going to be renewed past Jan. 31rst.?

]]> http://theprivatemarket.com/fha-90-day-flipping-rule-waiver/comment-page-1/#comment-265 FHA Property Flipping Rule Update | thePrivateMarket.com Mon, 21 Sep 2009 17:00:03 +0000 http://theprivatemarket.com/?p=1266#comment-265 [...] FHA 90 Day Flipping Rule Waiver [...] [...] FHA 90 Day Flipping Rule Waiver [...]

]]>