Zillow Advice: Selling Process - FHA Flipping guideline question http://www.zillow.com/advice-thread/FHA-Flipping-guideline-question/463711/ Zillow Advice | Zillow Real Estate Nancy is correct. Typically ... http://www.zillow.com/advice-thread/FHA-Flipping-guideline-question/463711/ <p>Nancy is correct. Typically the lower of the two appraisals will be accepted.&nbsp; However, there are lender's out there that allow for&nbsp;a 5% variance between the two.&nbsp; So, they'll accept the first&nbsp;as long as the second appraisal is within that range.</p> Mon, 15 Oct 2012 22:22:00 GMT http://www.zillow.com/advice-thread/FHA-Flipping-guideline-question/463711/ 2012-10-15T22:22:00Z Here is a good resource to ... http://www.zillow.com/advice-thread/FHA-Flipping-guideline-question/463711/ Here is a good resource to assist&nbsp;with your questions:<br/><br/>http://www.123flip.com/education/fha-90-day-rule<br/><br/>To the best of my knowledge, if 2 appraisals are requires, the&nbsp;lower appraisal&nbsp;is the one they will accept as the value. Also, the Buyer cannot pay for the second appraisal. Fri, 12 Oct 2012 00:21:00 GMT http://www.zillow.com/advice-thread/FHA-Flipping-guideline-question/463711/ 2012-10-12T00:21:00Z if the second appraisal comes ... http://www.zillow.com/advice-thread/FHA-Flipping-guideline-question/463711/ if the second appraisal comes in lower than the first one, which appraisal will FHA go with? Thu, 11 Oct 2012 22:50:00 GMT http://www.zillow.com/advice-thread/FHA-Flipping-guideline-question/463711/ 2012-10-11T22:50:00Z You can sell it right away. ... http://www.zillow.com/advice-thread/FHA-Flipping-guideline-question/463711/ You can sell it right away. If its within 90 days, depending on the lender, you may need two appraisals done, home inspection, and a list of improvements made to the home in order to justify the increase in value. Thu, 11 Oct 2012 22:41:00 GMT http://www.zillow.com/advice-thread/FHA-Flipping-guideline-question/463711/ 2012-10-11T22:41:00Z