Did you know...Information for Flippers

In a recent meeting I learned a very fascination fact about flippers.  For instance, a person buys a foreclosed property, renovates the property and puts  it back on the market.  OK so far...? Did you know that once the property is listed, there is a 90 day wait period before a FHA or government loan can be accepted on the property. Conventional is OK.  What I suggest is posting in your MLS private remarks that FHA or government loans can not be accepted until (date).  If you work with clients that flip property, I would talk to a lender to clarify this information and educate your seller.