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Updated over 7 years ago,

User Stats

142
Posts
34
Votes
Wade Stahle
  • Palmer, AK
34
Votes |
142
Posts

building all cash and selling seasoning period?

Wade Stahle
  • Palmer, AK
Posted

Hi BP,

I am interested to know if there are any seasoning requirements after a new construction is built. Here's a few key points about this specific case.

- Land is completely paid for

- All work will be done be sub contractors

- I am acting as the GC (unlicensed)

- My city inspects all aspects of the job and provides me with an official building occupancy certificate at the end.

So, once complete and since I have used all my own cash to sell it will there be any snags for someone getting financing on it with a FHA or conventional?

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