Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 8 years ago,
Seasoning requirement on 203k FHA financing?
I have a client who is buying a property and wants to immediately re-sell it to an owner-occupant who is getting a 203k FHA loan. Is there a required amount of time that the investor buyer must own the property before his exit buyer can use a 203k FHA loan or the purchase? I believe if it is straight FHA then he must own it 90 days, but I'm not sure if the same requirements exist for the 203k FHA loan program. Thanks in Advance.