Is the 203k loan subject to the FHA 90 day flipping rule?

[Joseph Rios]

A week ago I closed on a property with enough equity that I believe it would sell for around $75k more if I were to put it back on the market (without doing any work to it, except for getting rid of the trash which is pretty much everywhere and cleaning it up a bit). This would be an ideal home for a 203k buyer (it's a medium rehab project) definitely not for an investor as there wouldn't be enough profit left for them. Would a 203k buyer be subject to the 90 day FHA flipping rule? If so, does a conventional or VA loan offer a type of rehab style loan that would not be subject to this rule?

[Bob Okenwa]

Yes, a 203k is an FHA loan so it follows the same rules as a regular FHA loan.

Fannie Mae has the Homestyle Renovation loan that is the conventional equivalent of the FHA 203k.