The season is definitely changing here in Ohio.

I see that there are a few of us in the area, some much more seasoned than others, and thought I might as well suggest some sort of meetup in the midcounty area.

The "seasoning" of the note.

Nice community here I used to spend all my time over seas on their blogs its good to be here in the good Ole US and hopefully contributing..

._. long, expensive story) I've established an annual pre/post season cleaning and inspection process for all of my other units with boilers.  

Also, join your local REIA and start talking to seasoned investors.But don't wait too long, maybe give yourself 3 months of getting educated before jumping in.

@jeanette If you can make it 10/15 is our orange county meetup at 07:00PM Location: ROUND TABLE PIZZA, LAKE FOREST Fee to Attend: FreeThis is a great opportunity to network and to speak with other seasoned investors. 

We have private to put a down payment on the property for 20% but our mortgage brokers stated that the money needs to be seasoned for 60 days.

I think you'll find it difficult if you got the conventional financing route since its your friends home and cash out refinances require title seasoning for specific periods of time otherwise the LTV is restricted to 50% LTV.The rules can be read on fanniemae.com called"continuity of obligation," rules, and these are required on cash out refinances.The other option is your friend qualifies for the loan and then lends it you or your friend can get a HELOC or other type of financing as well.

LTV of 70% or better, amortized over 20 or maybe 25 years, with a rate likely around 5 to 5.25% and a 5 yr balloon.But the nice thing is they won't care about seasoning and they will do the cash out refi for you.