FHA 90 day flip rule. Does the contract need to be executed after the 90 days or can it be before?

[Manuel Sarabia]

Just closed on a home I can remodel in about 4 weeks. I was wondering if I can list on the market and get an FHA buyer before the 90 day rule. Or do I have to wait until the 90 days are up to get a contract signed? I figured, get the buyer now, work on his closing and by the time the 90 days are up he will be ready to close. Don't care if I have to pay a 2nd appraisal.

[Wayne Brooks]

With a 2nd appraisal, there is No seasoning/delay required.  To Avoid the 90 day/2nd appraisal...some lenders are 90 days closing-to-closing, some 90 days closing-to-purchase contract.