Of course it would be easier for us and the banks to go the traditional route of financing, but then there are the liability issues, seasoning rules, etc.

Hello, I'm in the process of purchasing a 20k+ Sq ft warehouse/bldg and would like to use part of it for self storage.

It will probably take at least a year to do necessary rehabs, get occupancy up and then you need to have it "season" for 6mo to a year for the banks to feel confident enough to provide you with financing so you can cash out.

@Scott Ublacker I recently completed a private lending commercial cash out on a commercial (auto repair) property in Newport News and the appraiser noted on the report that there were indications of a underground storage tank (UST) removal.

Investors who survived the 08 crash. What is the best piece of advice you would give on getting through the next turn and what was the biggest mistake you saw an investor make that didn't get through it?

If you're a seasoned investor who has weathered down markets in the past, what have you learned, now or in the past, that can help you survive market fluctuations and pandemics? 

No seasoning required.

I also read that since last October so I have been a little over 24,000 deaths in America from the seasonal flu.

Now you understand why the seasoned guys always have more conservative numbers. 

By month 5 you should start the refi process so as soon as the seasoning process is over by month 6 you can get your equity out and pay back your investor.