New Regulations for Flips???? Help!
We recently just rehabbed a house and have it on the market. Rehab took about 30 days to complete. However our Realitor just told us that she is worried about new regulations being put on banks that affect flippers. Not sure what type loans this is pertaining to but she said she thought the house has to be on the market for 6 months for several to qualify. Appraisal of the house has no barring (as ours is priced at a competitive rate with the market).
Has anyone heard of this?