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13 August 2024 | 97 replies
But I am fairly seasoned investor/flipper so I knew what I was getting into... and was able to identify that it was still a fairly good deal ( that is $230K below market price)Although, my experience went fairly smooth so far...
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6 August 2024 | 8 replies
@Ryan Lee there are no seasoning loan programs out there.
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7 August 2024 | 27 replies
Now, if you do decide to pull money from your current home, most lenders would prefer to see some "seasoning" of funds in your bank account.
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8 August 2024 | 11 replies
This compensates you for any potential extra vacancy time during an off-season turnover.
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8 August 2024 | 12 replies
If you have particular lender you want to work with, now is a good time to have a conversation about the MTR rent - lenders will vary on how they calculate this income and the seasoning required.
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9 August 2024 | 39 replies
We have several loans with NASB which is a big player in this space as well as 2 'HELOC' type of loans from a Private Lender at 80% LTV on a couple of properties that we owned free and clear in our retirement accounts, and used that to put down payments on new properties using commercial non-recourse loans.
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7 August 2024 | 12 replies
These forums are a great place to learn and meet people, whether you're just starting out or you're a seasoned investor.
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6 August 2024 | 38 replies
I've been watching a lot of videos, listening to podcasts, and reading books to educate us on real estate investing.We are in the process of seeking an agent as well as mentorship from seasoned professionals to navigate the complexities of the market today.
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7 August 2024 | 13 replies
When you have gotten a property with a HELOC do you have to let the money "season" in your bank account before you will be able acquire the financing from the lender?
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5 August 2024 | 8 replies
(for example no seasoning cash out options that make BRRRR work)