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Updated over 9 years ago,

User Stats

434
Posts
185
Votes
Scot Howat
  • Investor
  • Hoffman Estates, IL
185
Votes |
434
Posts

90 day flip rule - quit claim to S Corp??

Scot Howat
  • Investor
  • Hoffman Estates, IL
Posted

I bought a FNMA REO with a 90 day deed restriction. My 90 days has passed and I'm ready to list the home for sale.

I'd like to quit claim the property into my S Corp but I'm wondering if this will start the clock over for FHA buyers. Will I have to wait another 90 days if I have a FHA offer come in???

Any experience is appreciated.

Thanks

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