FHA – Flipped Property Requirements – What are the FHA guidelines for flipped properties?

Answer: Here is a quick summary for the FHA flipping guidelines. The highlighted sections provide the guidance for your questions, but here is a quick summary: Two appraisals are only required on resales occurring 91-180 days after acquisition when the resale price is 100% over the acquisition purchase price. Seller’s date of acquisition is defined […]

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