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Buying & Selling Real Estate

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Dan Costantino
  • Rental Property Investor
  • Pittsburgh, PA
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178
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Selling a flip to someone going FHA

Dan Costantino
  • Rental Property Investor
  • Pittsburgh, PA
Posted Jan 13 2014, 18:23

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!

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