Selling a Flip to VA Buyer
I'm ready to sell my flip property where most of the buyers are using FHA/VA loans. I'd prefer to avoid FHA, so I'm looking strongly at one of the VA offers I received. According to my broker's favorite loan officer, VA flip rules are the same as conventional. Is this true?
Here's what she sent on VA/Conventional flip rules:
And for good measure, here's what she sent me for FHA flip rules:
Anyway, I wanted to see if I could get some independent verification that the VA process isn't going to be as cumbersome as the FHA program. Any insights on how I can follow-up with the broker on a VA loan to ensure the process will run as smooth as possible is welcome as well.