All Forum Posts by: John Jacobs

@Tyler Lingle

Tyler--congratulations on the purchase.  I know exactly where this duplex is---in Broad Ripple over by Mama Corolla's and the Liter House.

John Jacobs Real Estate Investor and Private Money Lender  Indianapolis, IN

@Shiloh Lundahl

Hi Shiloh,

I am not buying a property.  I am the lender on a property that has already been bought and renovated.  Soon there will be a refinancing event wherein I will be cashed out.  My question regarding seasoning pertains to the refinancing.

Thank You

John

@Brian Valdivia

Brian,  Thank You

@Erik Estrada

@Patrick Roberts

Thank You

@AJ Exner

Thank You!

@AJ Exner

AJ,

Follow-Up Question: So to a DSCR lender seasoning starts when the property is bought. Is this true as well?

John

@AJ Exner

AJ  Thank You John

Hello Lenders,

I am a private money lender.

My question is---When does the seasoning period start?  

Does seasoning start when the property is bought?  Does seasoning start when a renter moves into the property?  Are there any other events that could occur which according to a lender would constitute the start of the seasoning period?

Thank You

@Owen Rosen

Thank You  John

@Steve Hiltabiddle  Steve, Awesome.  That was my impression as well.  John :-)