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Esthefany Aguirre's profile image
Esthefany Aguirre's profile image
Esthefany Aguirre
  • from Palmdale, CA
  • Member since Jun 29, 2016

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Esthefany Aguirre's profile image
Esthefany Aguirre's profile image
Esthefany Aguirre
  • from Palmdale, CA
  • Member since Jun 29, 2016
Esthefany Aguirre
  • Palmdale, CA
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Buying & Selling Real Estate

Conventional loan to FHA buyer

Esthefany Aguirre
  • Palmdale, CA
Posted

Ok so I am completely new. My parents bought a house using a conventional loan and marking that property as an investment. I would like to buy that house but using a FHA loan and I am a first time buyer. My question is how soon can my parents sell this property to me since it has not been even a month since their escrow closed. The house already has equity not a lot but some. Oh and this house is located in L.A county. I heard something about a 90 flip rule but does this apply to a conventional loan?

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