The wife and I are new investors in north Houston area, we have all our ducks in a row just need a few recommendations and advice.We are currently looking for a bank/lender that will cashout REFIA 75% ARV with NO seasoning period.

The seller can put the money in escrow, and it will be released to the buyer after a pre-determined time period.

@David AndersonBeing able to defer the gain from putting it into a Qualified opportunity zone is not as simple as buying a property within the zone.Regarding finding the designated tracts, you can likely type into google "<insert county/state> qualified opportunity zone tracks"You likely want to work a tax professional who specializes in qualified opportunity zones to make sure you are following the book.Some of the steps include1) Funding the entity with capital gains within 180 days2) Self-designation as a QOF3) buying a property within a Qualified opportunity zone4) Rehab the property for atleast the cost of the building5) satisfy periodic asset testing6) satisfy holding period requirement7) etc etc etc

I use my local bank for the cash out and they do not have a seasoning period. 

My guess is some work is going to vaporize in the next couple months after the time period for the PPP money ends in mid Oct. and some folks lose their jobs. 

You can only 1031 exchange long term rental "Investment Properties" and property that is used for business "Owner Occupied".However, since this is hypothetical, if the IRS allowed you to 1031 flip properties, then you would pay taxes at your capital gains rate (once you sold the last property and didn't replace it) on all the gain from all the properties and 25% on any depreciation taken during the the hold periods.

And is there a redemption period?

It is a value-add deal with a 2-10 year hold period.

. - 25 year term, at 10 year term the loan converts to a fully amortized payment with paying principal and interest to pay off the loan within a 15 year period.

There is a lock in period with them after I sign and before process starts.