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Updated over 9 years ago,
FHA guidelines for Rehabs
Hi BP Community:
I'm pretty sure I'm understand correctly -- if one was to purchase a home with an FHA loan, there's a 12 month minimum to hold on to that property. However, if one was to sell one's property to an FHA buyer, there's a 90-day window the property should have title transferred multiple times. I know it's a long run on question, but I hope it makes sense. :)
Hoping I'm wrong with the 12-month retention.
Thanks,
Rich