Feb
03

Waiver of the 90-day flip rule

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One of my investors has adopted the FHA waiver of the 90-day flip rule. This means that a buyer can purchase a home that an investor purchased as a fix-up and purchase it within 90 days of acquisition of the home. The new purchase price cannot exceed 20% above what the investor purchased it for. The investor may require a field review or second appraisal if warranted.

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