I believe @Stuart Birdsong was referring to the possibility that the Loan To Value (LTV) portrayal of an owner's mortgage may only account for their FIRST mortgage on a property, but not take into account any SECOND mortgage (higher interest rates and risk level) that the owner may have also taken out on the same property, concurrently?

The ownership and use periods need not be concurrent.

IMO your best bet as a new agent is to suck up all the good noobie training KW is known for, but let ALL things pertaining to their concurrent pyramid scheme "profit sharing" go in one ear and out the other.

We are working on other locations concurrently and it has been interesting to see how some property owners are adamant about personal guaranty's and others are fine with corporate.

Hi @Lisa Lincoln,As long as your lender is REI friendly and can wrap her or his brain around the "big picture" rather than spewing guidelines and thinking little picture, and as long as you keep them fully in the loop, it really shouldn't be a big deal.Ask about the difference between staggered, concurrent, and back-to-back closings. 

@Kyle Harmon Same thing is happening in Texas so I concurr with the other posters to go through a broker.

If it doesn't I would both file a lawsuit and concurrently submit a complaint to the state licensing department.

Hi All,I've posted quite a few forum topics over the past couple weeks (very new to BP) but one item I was hoping to get a bit more direction on is wholesaling in California.I'm actively looking for buy and hold multifamily properties in the bay area (specifically the east bay) but I wanted to explore wholesaling possibly concurrently. 

So you'd look to refinance concurrent to the effective interest rate ticking up to 5%.

Getting two loans concurrently adds to the complexity, but isn’t impossible.