FHA to eliminate the 90-day flip rule
FHA is eliminating the 90-day flip rule — what that change means for investor resale exits, buyer financing timelines, and hard money takeout planning.
Want the full breakdown with underwriting details, FAQs, and next steps? Read FHA 90-Day Flip Rule Elimination: Investor Impact.
Video transcript
Lightly edited for clarity.
I don't know why more people aren't talking about this, but the FHA is visiting the idea of eliminating the 90-day flip rule, which meant you couldn't put a fix and flip under contract until 90 days after the last deed was recorded — so, the flipper's deed was recorded.
It really limits the buyer pool of flippers who want to get in and out of those hard money loans. This of course eliminates constraints on the market and opens up the buyer pool for fix and flippers, which is a good thing. It unnecessarily constrained flippers and also made FHA buyers unattractive to flippers because of the requirement.
If you're looking at fix and flips, give me a call. We've got good programs, and hopefully this will be gone by the time you close. See you.