If you’re a real estate investor who has avoided deals because of the 90 day resale or flip rule, go find a deal!
Friday, January 15, 2010, the FHA waived the rule, and will finance homes with no requirement for seasoning in a flip starting February 1st.
This move is being heralded by many real estate investors as a boon to their ability to buy, rehab and resell foreclosed homes on a more efficient time line.