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Updated about 6 years ago on . Most recent reply

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473
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Taylor Chiu
  • Real Estate Agent
  • Salt Lake City, UT
230
Votes |
473
Posts

Portfolio lender basing off appraisal value with no seasoning?

Taylor Chiu
  • Real Estate Agent
  • Salt Lake City, UT
Posted

I know this is a tall ask. 6 mo seasoning would work as well. I have someone at a year, but some of my properties were purchased more recently than that. This is specifically for properties in Milwaukee. Thanks!

Most Popular Reply

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Greg Gaudet
  • Investor
  • Pukalani, HI
291
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413
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Greg Gaudet
  • Investor
  • Pukalani, HI
Replied

If I remember correctly I think they wanted 6 months, but I've certainly heard many investors say they've done it with no seasoning. 

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