FLORIDA FINANCING SEASONING PERIODS

[Neil Da Silva]

Hey BP!

I have a quick flip I'd like to do, I'm buying 30% under fmv and want to turn around and sell this baby asap within 2 months max!

I need to buy this property RIGHT in order to avoid any seasoning periods as this could drastically increase my holding costs and reduce my profits.

From what I gather, If I use private or hard money there is no seasoning period for someone that wants to purchase from me with a fha or conventional loan? Am I correct on this? If not what am I missing?

THANKS!