Under the FHA rules, how long must a property be owned before it can be sold?

The correct answer is based on the Federal Housing Administration (FHA) guidelines regarding property flipping and ownership duration before a property can be resold. Under FHA rules, properties typically must be owned for at least 90 days (or roughly 3 months) before they can be sold and still qualify for FHA financing. This policy aims to prevent "flipping" of properties, where properties are quickly bought and sold for profit without adequate ownership periods.

This 90-day requirement is in place to ensure that properties are not hastily sold at inflated prices and that buyers are getting fair value for the home. During the first 90 days of ownership, buyers may face restrictions on utilizing FHA loans if the property has been sold again, encouraging stability and integrity in the housing market.