Flipping or seasoning rule?

[Andrew A Kwan]

Hello fellow investors! 

I have been doing real estate investments for about 2 years now annndddd… I’ve run out of money. I’ve bought 4 properties to hold (two have tenants, one is on the market and one I just bought and am currently renovating). I was looking into flipping some properties when I was informed by a realtor about a seasoning period or flipping rule. Have any of y'all heard of this? Do flippers really have to wait 6 months to sell a flip when selling to someone applying for a FHA? That’s ridiculous to have to pay holding costs for that long. I'd like to pick some of y'alls brains and ask for more information from some more experienced investors, loan officers or realtors on this matter.