Selling a flip to someone going FHA
I have my second flip just about done. The first person I showed it to made me a full price offer. That's AWESOME!
But...they want to go FHA. I haven't gone through that before (1st flip sold to cash buyer).
Do you go through Purchase & Sales Agreement before getting a Desktop Underwriter approval? What would you tell them?
I don't want to tie up my property for months to find out they can't close.
Any advice or resources would be greatly appreciated.
Thanks!