We are not too strapped for cash, but it always seems better to have more in the bank than less.

Did you check for houses on the auction list,  or you can check with banks and look for REOs and convert that into a single family home and house hack or turn it into a Airbnb. 

Typically seasoning means that the funds have been in a bank account for a set amount of time (usually 60 days), so ANY lender should love that....I thought maybe you meant un-seasoned funds?

How do you know there are funds have you seen actual bank accounts ?

Martin They get a bank loan, but most do not start out in MF, they start out in residential.

I want to refinance it about 12-18 months later into a bank loan. pull out money to pay off the HELOC and enough for a down on a 2nd house or duplex.

I’d suggest starting with local credit unions or community banks—they’re often more flexible with investment properties.

It actually went to auction initially on the 8th but no bidders except the starting bid which I believe was the bank.

The banks/credit unions said I needed 6 to 12 months of ownership to get refied. 

Makes banks happy, but not what you want if you are concerned about your bottom line.