Flipping with FHA Loan

[Damian LoBasso]

Hello All,

As I continue my research on financing options for a flip I am interested in performing, I seem to be receiving conflicting information as to the timing restrictions should I take out an FHA Loan to finance the property. Are there any requirements per FHA that I occupy the house for a minimum amount of time before reselling (some sources are saying I need to occupy the home for 6 months otherwise I am in breach of the contract)? Any additional guidance relating to flipping with an FHA mortgage would be a tremendous help!

Note: This does not relate to the 90-day hold that is required for an FHA-eligible buyer to receive financing.

Thank you as always for your help!