Atlanta Flip, FHA Rule

[Alex S.]

My wife and I put a plan together to start flipping houses last year in January and opened our doors last year in July after getting everything together. Since then we have successfully rehabbed and sold 3 houses, and just put our fourth house under contract yesterday and will close in two weeks. On the previous three we never worried about the flipping rule because most needed major repairs, so we took our time and waited the 90 period. However there is nothing wrong with this house, I will install granite tops, paint, clean, and appliances. It was built in 2008, got it for $100k, comps around about 180K. When we close I want to put it on market the following week for 180K. Will this rule affect us and should we just say no to FHA buyers, but I was thinking that might limit the number of qualified buyers. What would you seasoned investors do? Thanks