That way the lender can set their own rules, so again since non-owner occupied properties do not fall under Texas law, a portfolio lender can use what ever seasoning requirement or even have no seasoning requirement they want.

@Paul DeSilva:@John Leavelle and @Anthony Gayden (above) are both correct.Unless you have more than 10 residential mortgages, or the properties are above the jumbo mortgage limits or you're trying to finance the the properties with the LLC intact, then they should qualify for conventional residential FNMA loans.For the LLC situation: my strategy is to close the loan under my personal name (no LLC), then after a few months of "seasoning" to establish on-time payment, notify the lender that I plan to drop the property into an LLC strictly for asset protection purposes.Many seasoned pros will tell you that you don't even have to notify the lender that you plan to do so, but will warn that doing so runs the ever-so-slight risk that they may actually call the entire loan due immediately.

If you ever have a liability issue where the protections of the LLC would save you, I would not count on it.

Have you ever had experience with evictions?

Keep in mind that a 24 month double-up represents a roughly 50% IRR, which no self-respecting syndicator would ever actually promise to an investor (unless they enjoy being sued.)

This makes me wonder how I would ever be able to scale? 

hello future friends,Me and my partner have started our journey in real estate investing and we have come across what looks like a great potential cash flowing property. Its listed as a SFH and is considered one by th...

It's been a couple of years, but I won't ever use that again.

He only provided basic information for his pre-approval BEFORE my listing ever hit the MLS or was under contract.

I'm less than an hour south of you and I'd say everything here is as high as it's ever been.