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Updated over 4 years ago,

User Stats

11
Posts
1
Votes
James Kelleher
  • New Castle County, DE
1
Votes |
11
Posts

renting during seasoning period

James Kelleher
  • New Castle County, DE
Posted

Hi everyone,

I’m about to buy my first property using a conventional loan but the bank said there is a 12 month seasoning period before it can be used as a rental. I plan on having the renovations done in under 3 months and really don’t want to just let it sit for 9+ moment when it could be making money. Has anyone ever renting during the first year on a conventional loan or have an recommendations? Any input is helpful. Thank u

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