All Forum Posts by: Brandon Wells

Thank you for your help. Am I correct in saying that the 90 day rule does not apply to conventional loans?

I am a new investor and I am working on my second property in Prince George's County. I am trying to get some more info on the 90 day flip rule. Does the rule on apply to FHA homes? Am I able to list the home prior to the 90 days as long as I close after 90 days? I would appreciate any help.

Thank you for your help. @Abel Curiel

Greetings,

I am a newbie to investing in the DC area and I need help with a decision. Today I put my first investment property under contract. I also was offered a contract from a previous property I put an offer in that originally was rejected today as well. I am using hard money and have the funds to complete 1 project. What should I do with the second property?

Greetings, I am a new investor in the DC area. I recently just put my first investment property under contract. On the same day I was contacted by an agent on another property I submitted an offer on. The offer I put in on that property was rejected but, the agent called me and said the original contract fell through and I would be able to get the property for the price I originally offered for it for. I am using hard money and have the funds to complete 1 project. This being said I wanted to get some advice as to what to do with the second property. I could get a loan to fund the hard money loan on the second project, but that doesn't seem like the best idea. Can you give me advice as to what I could do with the second property?