Hi all- I’m looking for a seasoned agent to help find a solid stable investment opportunity in the Philly area.

@Heather U.Are you going to have a seasoning issue with a cash out refi.  

Some banks require a certain seasoning period( period of time in which you must own the property), some have credit score restrictions.

I know it’s busy season but maybe @Basit Siddiqi can assist?

This is what he told me:- 9% of monthly rent (no fee if unit is vacant)- Annual fee of $70 to help pay for extra staff during tax season and a few other thingThose two fees were all he mentioned.

If you play your cards right, you can find a lender who will allow you to use the "delayed financing" exception to do a refinance without having to wait the usual 6 month seasoning period.  

Hello BP community,Since I’m new to the real estate world overall, I really look forward to talking more to seasoned people within BP.

Ask for feedback from seasoned investors in your market.   

Real quick turn around and i have a local bank who will do the refi without the seasoning period.

The Vacation Rental season is almost upon us (Alaska), and unless you’ve just come back from off the grid, you likely have heard that a COVID-19 “pandemic” is also almost upon us.