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The Advanced Real Estate Investor This forum is for the advanced Real Estate investor.

Rich Dad > The Advanced Real Estate Investor > FHA questions


Member	andykousa99 - 7/1/2009 1:46:37 PM FHA questions Reply \| Quote


Member	andykousa99 - 7/1/2009 1:46:37 PM RE:FHA questions Hello . I am a investor from ny area. I just wondering how long do I have to hold a house before a new buyer be able to qualify for FHA loan? I heard different stories from different source. some are saying at least 90 days, some are saying at least 1 year. does anyone of you have more accurate source? Thank you very much Reply \| Quote

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asianwolf2001 - 7/6/2009 5:50:31 AM

Andy, Go to HUD.gov and contact FHA. They have the latest guidelines. Too much misinformation or dated information. Only the source will tell you. The 90 day waiting or seasoning holds true for a majority of transactions but there are exceptions. Which area of NY are you active in?

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Member	zeek - 7/8/2009 5:25:12 PM According to my mortgage broker it's 90 days unless they get a Hard Money Loan first then they can refinance for an FHA the next day after the purchase. Reply \| Quote