good afternoon all,
Are you allowed to sell your investment property within (6) months of purchase to a prospective buyer seeking traditional financing(V.A)?
You own the property? If so you can sell your property 1 day after you buy it. You will pay taxes unless you do a 1031 exchange but that is with any property you didn't live in or didn't live in long enough.
The buyer will have to meet strict requirements for a VA loan and the property will have to be in great condition.
I am just trying to figure out why this is of concern for you. Is there more to the story?
Hello @Alexander Wardell , thanks for the response. Here is the scenario. I am working with a VA buyer, the seller is also the listing agent/realtor. He bought this property as a fix and flip, and mentioned that there may be a 6 month seasoning period before a buyer can purchase the property with traditional financing.