Updated over 7 years ago on . Most recent reply
90 day flip rule apply for all cash offers?
Please forgive if this has been asked before. I'm just starting out and have done a couple of house flips. In the process of purchasing a fannie mae/freddie mac foreclosure. If I'm purchasing the house with all cash, does the 90 day rule still apply? Thanks so much.
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Wayne Brooks
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There are 2 different “90 day” rules.
The OP is talking about a resale restriction when buying a Fannie REO/short sale, not the fha 90 rule for an end buyer.
Yes, the rule/deed restriction applies regardless of your or the end buyer’s financing.