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Updated over 7 years ago on . Most recent reply

User Stats

6
Posts
1
Votes
John Clark
  • Virtual Assistant
  • Columbus, OH
1
Votes |
6
Posts

Ownership Seasoning Workaround?

John Clark
  • Virtual Assistant
  • Columbus, OH
Posted

Hey guys,

I got a couple of quick questions and would love to get some imput.  So... 

1.) What creative solutions can you think of to bypass selling a property you've had ownership of for less than 24 hours without failing to meet the ownership sesoning requirements of certain loan types. (outside of selling to a cash buyer.)  I'm thinking the answer has somthing to do with how the property is aquired to begin with.  So it should be known what I'd like to do is purchase "subject to" then re-sell.  But I'm willing to modify how I aquire depending on what suggestions are made. 

2.) What lenders do you currently know of in Ohio (or nationwide) that have no/24hr ownership seasoning requirements in order to sell B to C.  

Thanks in advance for any imput you guys have on this subject!

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