7 January 2018 | 8 replies
The best part is we only need 30 days of seasoning on title, so we can process a loan for them while they are completing the rehab.
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18 July 2017 | 9 replies
If I decide to go that route, I will probably not rehab, keep the tenant in place until the 6 month seasoning has passed, do the refi (the question is how much it will appraise for without any work), and then sell with owner financing.
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28 January 2017 | 13 replies
I evaluate deals for a few hours a day for a local, seasoned investor in the area, but that is not the big payout I was hoping for when I decided that Real Estate was the avenue I wanted to go.Does anyone have any recommendations or advice for how I might educate myself more quickly or more effectively?
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26 January 2017 | 6 replies
b) Is there always a seasoning period a in a BRRRR deal?
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26 January 2017 | 3 replies
welcome, im not too seasoned but I would probably go w/ the small multi to get the hang of things (putting systems in place) before jumping to a full apartment complex. however, if the deal makes sense, then go for it. good luck
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27 January 2017 | 7 replies
Being in a snowy location makes me nervous about how it does during the snow season.
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9 February 2017 | 6 replies
Especially if you BRRRR correctly, you'll be getting all that cash back anyway.Just be aware that a lot of banks require a 'seasoning' period of 6 to 12 months of ownership before they'll finance a deal.
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27 May 2017 | 8 replies
If we change the name on title the seasoning process starts over and we can only refi six months from now.
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27 January 2017 | 2 replies
I guess I could try a hard lender but would have to wait 12 months to let it season and refi?
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27 January 2017 | 6 replies
Additionally, short vacations and seasonal absences may be included in the use period, even if the residence is rented out during these absences.Determining the “principal” residence of a taxpayer involves consideration of several factors, including where the taxpayer works, where the taxpayer’s family lives, the taxpayer’s mailing and billing addresses, the location of the taxpayer’s banks, and the location of the taxpayer’s religious and recreational activities.