. - your max loan sizing can up to 70-75% of your appraisal on investment cashout and is NOT limited by cashflow however the cashflow you do file or can document with your lease agreements or taxes will help offset and help you qualify for the cashout as well- cash out is 6 months title seasoning through your name personally or through entities you controlled a majority stake in (51% or over)The down side on residential conventional financing is that you can only finance the properties in your personal name at closing or your living trust. 

Originally posted by @Season Price:I am looking to purchase my first out of state buy and hold in Ohio.

Does title seasoning still apply?

Does title seasoning still apply?

All FIBI meetings support a NO SELLING policy, allowing investors--whether seasoned or beginner--to be free about sharing their real estate passions without sales pitches.Each Pasadena Real Estate FIBI meeting includes organized networking intended to identify areas of interest and possible opportunity, industry experts presenting information and experience on a variety of relevant real estate topics, and open networking sessions to enhance the value of coming together to learn.

Hi Luke, I'm just starting in the BP community and have already learned a lot from some of the seasoned posters. 

We do have a very heavy snowbird season from roughly October to March.

Refinancing - When you purchase (as in the due diligence phase, not after closing) you need to understand your "take-out" strategy and how that will affect your timelines, and seasoning requirements.  

After seasoning it will be just the appraised value.Rates will be around 4% for residential 30 year and 5% for a commercial 5 year loan.

Banks will require credit, seasoning periods, income and DTI requirements, as to where PML's won't.