hud's 90 resale rule aka property flipping rule

[Will Kirkendoll]

hello BP. So I ran into a situation. So I'm working on 1st flip. I bought a hud house that was on market for Almost a year. anyway it's almost 2 weeks til its done. I have a written offer for $1000 about the price I was going to list at. anyways the buyer is getting a fha loan so the lender said we had to wait 90 days because of the FHA flipping rule. I read about it on hud. I wanted to know anyway around this 90 day resale rule? the buyer is having a baby in august and wants a house before the baby due.. thanks in advanced

[Russell Brazil]

If their credit is good enough they can use a conventional loan instead of an FHA loan.