Buying this way also eliminates seasoning issues you may bump into also.

Turnkey investing is very dependent on the market the companies are located, level of involvement desired, policies of the companies, pricing, warranties, and whether they have in-house property management.For example, the seasoned turnkey companies realize that their demand is driven by investors looking for a safe, consistent return.

I don't see a problem with switching to your personal name other than possibly a seasoning requirement to truly be in your name (i.e. having it in your name for six months before being able to apply for homestead, etc).Good Luck,Scott

It's not exactly moving season at the moment.

If I’m reading your post correctly @Eric Roth, they’re borrowing the bulk of the money from a conventional lender and obtaining the money for the down payment and reserves from you, which they plan to put in their bank account (sounds like they want to season it so they don’t have to tell the conventional lender it’s a loan).

@Cindy Richmond I respect the hustle to try and close a deal during busy season!

Is there a seasoning period to show that you have established steady income to cover the debt from the mortgage?

Learned from one of the lenders that i have to wait the 6 month seasoning period which is oct 12 so not too bad but still sucky.

$85,000 property for sale with great cash flow, I have $10,000 but it's not seasoned in the bank. 

Either way I believe we will need a permit.A family member, who is also a seasoned real estate investor, told me not to involve the city unless I have no choice.