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Updated about 5 years ago on . Most recent reply

User Stats

48
Posts
28
Votes
Ralph Stowe
  • Richmond, VA
28
Votes |
48
Posts

Does the "Seasoning Period" apply to flips?

Ralph Stowe
  • Richmond, VA
Posted

I've been learning about RE Investing for about 8 months now. I'm primarily looking at rehabbing a distressed property and selling it outright as quickly as possible. I've just stumbled across this concept of a "Seasoning period". I've read other posts about it which makes me think it only applied to refinancing or cashing out of a property you just purchased. I'm planning to just list the property on the MLS as soon as its rehabbed. Does a seasoning period still apply? (I know on HGTV the gurus say, "I want this rehabbed in 12 days and relisted in 2 weeks!" Granted, HGTV is not known for being close to reality, but in reality, would you have to hold it longer even though the property is ready to sell?

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