There are cases where lenders will require two property appraisals on a subject property.
House Flippers are thriving. Many house flippers have lost their entire fortune in the 2008 housing crisis but are now enjoying the lucrative housing market. With the combination of the booming housing economy, low mortgage rates, the introduction of new non-QM loan programs for real estate investors, and the low inventory of housing, real estate investors are buying up any potential flip. This holds true even with a huge markup.
HUD, the parent of FHA, has strict rules on financing home buyers who are buying property flips.
This Article Is About Buying Property Flip Homes And Issues When It Comes To Financing Buying Property Flip Is Becoming More Popular Among Real Estate Investors Due To Lenders Offering Non-QM Loans: The housing market is booming. Home prices have been skyrocketing every year for the past seven years. Both HUD and the Federal Housing […]
This BLOG On HUD 90-Day FHA Flip Rule In Buying Property Flips Was PUBLISHED On June 13th, 2019 Over the past few months, we have received a few phone calls regarding the HUD 90-Day FHA Flip Rule: In this blog, we will detail what the HUD 90 Day FHA Flip Rule is with FHA Loans and why […]