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Updated over 8 years ago,
FHA Anti-Flipping Law on HUD Homes - Clarification
Hi,
I am looking at a HUD property to flip. This would be my first fix and flip, so I am very new to everything. I was hoping to get some clarification on the anti-flipping rule. Does this only apply if the buyer is going to be financing with an FHA loan? And if so, is it typical that buyers of these homes are most likely going to be using FHA loans?
Thanks!