April 19, 2019

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Home Flipping and FHA Loan Rules

April 18, 2019

Home Flipping And FHA Mortage Loans: The Rules

A 2019 CoreLogic report states that home flipping, the process of purchasing, renovating, and putting a house back on the market in a short period of time and often at a substantial markup, is at it’s highest levels in about eight years. The CoreLogic report states, “…since the Great Recession, flippers have been increasingly good at acquiring properties at a discount, either because the properties were legally, financially or physically distressed”. Some borrowers may be | more...

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