Seasoning for ownership typically starts on the purchase date.

I have owned it for a very long time and had depreciated most of the original purchase price. 

Purchase price: $275,000 Second investment property purchased in 2021.

Self-proclaimed Section 8 guru's online claim to do the latter and then find Property Managers after they purchase the property in whatever state, but I don't know how real that is. 

The larger the purchase price the greater the spread you need between purchase price plus holding costs plus rehab cost and ARV.  40k projected profit on a 600k project is too skinny for me. 

Quote from @Landon Sheveland: Hello,My wife and I, are attempting to purchase our first property.

Right now, I am renting but have a goal of purchasing a duplex, triplex, or quadplex in the coming months.

With less experienced or just poor planning operators, it isn't uncommon that they spend years distributing all the cash out to the owners, and then the time comes for a multi million dollar refresh to maintain the hotel brand, and no one wants to cough up the money back into the entity.

The lender For the DSCR loan uses the $195,000 purchase price plus the $45,000 To come up with the purchase price plus rehab.

Quote from @Adedotun Kembi: Quote from @Jeff Roth: Hi Holly from Georgia-You own a rental in Colorado and you are looking to purchase a new primary residence and possibly use the equity in the rental for the downpayment.You have two options I am aware of with the rental to access the equity:1.