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Updated about 5 years ago on .

User Stats

63
Posts
54
Votes
Brandon Cooper
  • Rental Property Investor
  • Winston Salem, NC
54
Votes |
63
Posts

Cant sell a flip house under 3 months to an FHA buyer?

Brandon Cooper
  • Rental Property Investor
  • Winston Salem, NC
Posted

So i closed on a property on Feb. 27th and am about to have it wrapped up to put on the market. I was talking with my agent today and she was talking with her finance people and they said that an FHA buyer wouldnt qualify for my property because i havent owned it for at least 3 months. Please tell me this is a joke because ive never heard of this before. Fyi, i paid cash for the house so i dont owe on it