Keep an eye on the trends in FL at this moment as well, especially in hurricane season, with home insurance.

The rates and terms are usually more favorable than DSCR loans, so I’d lean toward conventional financing while you can still qualify.BRRRR Method: The BRRRR strategy can be powerful, but it might slow you down a bit due to the current cash-out refinance seasoning periods, which can be as long as 12 months.

With that said, 3 of the 4 listing's are for $1200 a month.It's definitely the off season for Lake Oconee and Lake Sinclair, so reaching out to these listings through FF and seeing if they can match your son's budget is worth a try.Best of luck!

There is no seasoning requirement to refinance a conventional loan.

I have a lender I have done a few deals with that has a no seasoning 80/20 DSCR cash out refi. 30 yr am. 

I assume you disagree, as well.I do plan a long post going down this rabbit hole, but it will take a few days, as my own tax season is not over.

@Adam Peralto More & more owners are posting here on BP about their rentals sitting vacant too long.Which means owners aren't paying attention to the rental market - which is slowing, causing Days On Market (DOM) to increase:(Take a look at the graph below from ShowMojo, comparing average DOM for 2018-2024.DOM are now about 40% longer than they were 2 years ago.Many owners also don't seem to be aware of real estate market fundamentals, such as seasonal effects:1) After September, when kids go back to school, there's a noticeable dip in activity in both the sales & rentals.2) After Halloween, there's another noticeable dip.

Hi BP community,I am fairly new to syndications and would love someone seasoned and experienced in syndication world to sit down with me and go over the numbers.

You will want to run projections on each individual property to ensure that it will produce enough revenue during peak season to cover your low season months.

Don't spend too much time comparing a seasoned sponsor with a decade plus of experience to a newer operator.