I ask since a property we're purchasing is going to be leased to a group home organization, and if we were to get the home appraised after a seasoning period, we could refinance and pull our down payment out.

-The week leading up to the day I was supposed to get paid back (6 months late) he ignored all my texts over a 10 day period.

We were looking at buying a loan yesterday that was similar issue with a property and the buyer has filed a countersuit and its going to trial.

Look up the address on Zillow and make sure it was a rental during the period they say they rented.

Basically a certain amount of equity in the property is allowed to be accessed over a period of time as long as they live in the property, with NO mortgage payment. 

It is not unusual for lenders to hold foreclosed properties for long periods of time before putting them on the market.

Hello Community team,When you do a BRRRR, I am finding out that there is a 6 months seasoning waiting period ( DSCR ) before you can cash out refinance, so we can evolve our funds to go to the next property to purcahse and redo a BRRRR.Thanks for your input and advise for a solutions.

It becomes trial and error.

For the 2024-2025 period, the taxes are estimated by the NY taxation office to increase to $117 per month starting in July.

Do people leave an assignment clause in their purchase agreement that would still allow them assign the contract to a cash buyer able to close on the property in a shorter time period?