The homes (single family residence, townhouse, condos etc…) selected for this program are in good to excellent condition, in nice neighborhoods and usually do not require rehab.Qualify Credit Partner.

Rather then get into the dirty details (I'll let you all read for yourself), I would like to start a discussion on the big picture ramifications---here goes:- As a real estate investor and/or homeowner, how do you feel about Uncle Sam telling you what mortgage programs you can or can not use?

You know me, I got to stick my nose where it doesn't belong...Although I only go to Vegas a few times a year (for the last 10 or so years) what I know about Vegas I can fit in a thimble (what I know about Vegas, stays in the Vegas if you know what I mean...

It's a website, a crm and a craigslist reply to ad program.

Wow, I know this is a really old post but I am new to BP, and my family is about to start our first BRRRR. the property manager portion is still something I am researching to find a great fit for us.

There are lenders who are not concerned but those lenders will charge higher rates, have poor terms and pre-payment penalties in many cases. 6 or 12 months seasoning will open up all the normal lending options.As Scott mentioned you really need to understand the refinance assumptions before heading down this path.If you want to pay commercial rates and terms many commercial programs will let you use the appraised value.

It really comes back to the profits the property will produce.As MikeOH says he could pay a fee if the property fit his criteria.

Your posts have both been edited to fit within our forum's rules.What are your intentions here?

You are renting.The capital gains treatment applies after you own the asset for 1 year.THough you could reduce your tax bill if you held title long enough to fit the capital gains tax treatment rules it might not be the best investment decision.

Firstly, there are rehab loans for primary residences that allow for the purchase price + rehab costs + up to 6 months of mortgage payments during rehab + closing costs to be rolled into the loan amount (and an allowance of 6% seller concessions too)...As to your mortgage lady, she might; 1) not know, 2) not care, 3) not offer a rehab loan program that allows for these features (although highly unlikely).