building all cash and selling seasoning period?
Hi BP,
I am interested to know if there are any seasoning requirements after a new construction is built. Here's a few key points about this specific case.
- Land is completely paid for
- All work will be done be sub contractors
- I am acting as the GC (unlicensed)
- My city inspects all aspects of the job and provides me with an official building occupancy certificate at the end.
So, once complete and since I have used all my own cash to sell it will there be any snags for someone getting financing on it with a FHA or conventional?