I would like to sum up a few of the answers for other readers which may be confused like we all where when first dealing with lenders:1) HML conversion to Fannie Mae product > no need for seasoning but you are limited to the amount the hard money lender loaned you.

Long time reader, first time poster here.

And for the most part liked them.Now, I'm a voracious reader with a constantly growing REI library and count a book worth the price if I learn just one useful thing.He is definitely not your 'rah rah let's all get rich' commentator, and I like his 'curmudgeonly' attitude in that it serves to give me added perspective.If you want one yardstick to judge him by, consider that his newsletter costs $125 a year and I believe he has well over a thousand subscribers.

I'm also an avid reader (taking a break from Stephen King's Dark Tower series to get a couple REI texts under my belt.)  

@Nicky Reader, you are 100% correct.

Hi all Jake Ehrgott here big time bigger pockets reader but I have not posted much so wanted to introduce myself and change that.

Have poor titlesReminds me of a lesson I learned a while back about getting more readers t your blog or articles.

I will be your proof-reader, Brie.

Rich, I read both the forum and the blogs, but I think the forums have more readers.

Readers are advised to seek professional advice.