Originally posted by Account Closed:Minnesota lakes country guy here: -create a lakeside seasonal campground with seasonal (no overnighters or 1 weekenders) tenants that would come back year after year.

Every lender I have talked with wants a 12 month seasoning period to do a loan to value refinance.

Most seasoned and institutional buyers do not ask for escrows nor will they ever participate in one.

However, if this is something you wish to do, you would be wise to give yourself a couple of months to allow the records to update and season to find the score equilibrium.

When applying to add the new purchases to my spreader loan (promised that I could during the original courtship by the lender) they broke it to me that average seasoning for "commercial cash-out/refinance deals" was a minimum of 24 months before appraised value can be borrowed against.

I am definitely open to any and all advice from seasoned vets.

After reading a multitude of BP forums, member comments, articles, and listening to numerous podcasts - the wealth of info on BP truly is amazing - we've come to realize the route with the highest probability of success for us to invest out-of-state involves working with a seasoned partner, if possible.Thank you all for reading.

Please feel free to reach out if you have any contacts, properties, or just want to speak as I am looking to learn as much as possible, any feedback from seasoned vets is appreciated.Looking forward to seeing you all in the posts!

and I eventually want to have some property in Colorado so that I can catch snowboard during the winter seasons.

I have read the posts here but my immediate feeling is that responses are from very seasoned investors with obviously different needs.My 401k provider is waiting for me to give them a new custodian to send a check.Any advice is appreciated for a new investor to get on the Self Direct ladder.