If you're doing a rate and term refinance, there's typically not a seasoning period but again it's common for lenders to require it be rented first.If you're doing a DSCR cash out refi, it may not need to be rented first but you're probably paying a higher rate.Your best option is to call a loan broker you trust and go through the options based on your current situation.

We actually use Notion for this.

You could structure the deal as an installment sale or a lease option so the property owner doesn't see a large capital gain tax payment for the sale.And good on you for helping out!

The cleaner will actually do all the shopping for the rental among other small misc things.

As you indicated you have plenty of options to start.

You’d be shocked by how little actual screening many PMC’s do!

There's ALWAYS options out there but you're going to have to go around and do most of the work yourself.

I was considering the hard money lender route but got slightly overwhelmed because of the different options, rates and not knowing how to properly vet them.

Don't be so quick to indebt your paid off townhome until your learn creative financing and review all your options.

Good afternoon Jaycee, 6 make up the equity and they are currently under my name due to some past Refi's.I have actually proposed selling the trucking company to one of my drivers or at least giving him a percentage to recoup some of my initial investment.