Some lenders modify their seasoning requirements according to how you bought the house.For example, if you bought the home with cash, then most lenders will require 6 months or even 1 year seasoning.On the other hand, if you bought the property via a loan (and thus went through a formal underwriting and appraisal process) then a few lenders offer as little as 90-days seasoning in such cases. 

I know as the Lender, I always have the option to modify things but the NoD helps set the stage if the borrower doesn't act or respond in a way I feel is beneficial to getting the project across the finish line and me my capital back.     

Proc. 2000-37, 2000-2 C.B. 308, modified by Rev.

How would the refinancing of the modified property work in the future?

Hi, I bought my first commercial NNN property in South Carolina in 2023. My husband and I own purchased with 2 friends. The 2 friends did not want to create an LLC with all 3 partners prior to purchasing because they ...

A fair amount to agree upon although I foresee a few major looming modifiers that I predict have a high degree of likelihood in happening that have strong influence in adjusting markets. - The correlation of erosion to buyers purchasing power in monthly mortgage payment (increased property tax's, property insurance, HOA fee's) is a factor I see counter acting a slowly declining interest rate, making for a ~net-0 market activity environment on YOY volume metric. - Leading into home stretch of POTUS election cycle, the above may be a strong catalyst to press the deployment of a stimulus offering in form of home buyer empowerment

Making some small changes and adding a PM drops your NOI by 17% Gross Rent $19,200.00 Vacancy $480.00   (includes economic vacancy) GOI $18,720.00     (Next to Expenses are their percentage of GOI)                      Pro Forma                   Modified Electric        $324.00 1.73%     $400.00 2.14%  Snow           $240.00 1.28%      $300.00 1.60%  Insurance    $504.00 2.69%     $504.00 2.69%  Tax              $1,200.00 6.41%   $1,300.00 6.94% Main            $960.00 5.13%      $1,500.00 8.01%  PM                                              $1,872.00 10.00% Exp            $3,228.00 17.24%   $5,876.00 31.39% NOI             $15,492.00               $12,844.00   Say a 13 cap is the going rate for parks, these changes drop the price from around $120K to $99k.

If, after the deferment, you have to modify your loan, it may show up.If you have a non GSE loan, whatever the lender wants to do, if they want to do anything, however the lender wants to report, is up to them.

Modified bitmen or torch down will cost around $350 - $700 / square -- depending on where you live and the brand name and most important, how many layers.  

Not sure I'd be willing to modify an old chimney on a low rent prop.