While I am not expecting "legal advice" I would like to hear how others in this situation have gone about it in the past and how that course of action worked out for them as well as any suggestions and seasoned flippers may have.

On my own credits, I qualify for $260,000 loan at 5%APR and 25% down payment.I have a private investor lined out with $70,000 for the down payment if needed, but the Mortgage Broker told me my income-to-debt ratio would be to great if I included the $70,000 in my pre-qualification.His advice was to have the private lender deposit the $70,000 into my account for 60 days to season it, then there would be no questions asked.How would I structure the $70k with the private lender and keep the payments off my debt, and cover the PV legally?

This gets you more properties while your income seasons, and it gets you closer to the true passive income stream it sounds like you're looking for.

I have found some articles but I am still a bit confused and I was wondering if so seasoned REI's could point me in the direction of articles they found helpful.

I think that it is just because of the summer months that this is happening.I do believe there will be a slight increase once the school season starts up again but as for right now the prices are staying pretty stagnant.

Better is when a tenant vacates and the neighborhood decides it's open season to steal water from the now vacant house.

As for the "seasoning" issue with an FHA end buyer, the last transfer being within 90 days of the end sale would likely just trigger the 2nd appraisal requirement.

My previous comment was meant to introduce reality, much like taking a 30.06 into the woods during bow season for deer, you aren't hunting rabbits or tree rats, so what are you up to?

I found that after your LLC is seasoned for a few years and has decent tax returns it is fairly easy to get portfolio loans in the name of the llc.

I'm looking to connect with seasoned active investors in the North Orange County area.