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Updated almost 6 years ago on .

User Stats

133
Posts
104
Votes
Shaun J.
  • Long Island NY
104
Votes |
133
Posts

Seasoning on REO and pre-forclosures (Short Sales)

Shaun J.
  • Long Island NY
Posted

Still starting out, but one thing I am curious about when looking to buy REO and Pre-foreclosures.

Is there or is there NOT a seasoning period on each from when I buy it to when I sell it? I'm pretty sure it's not assignable, but what, if any seasoning periods are there. 

I know that you can get in contract on the deal under an LLC and "Sell" that LLC to your cash buyer, but that just seems sticky to me.

Thanks in advance!