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2 December 2022 | 4 replies
Pro’s: keep cash reserves to make payments, use leverage on rehabs, get foot on door to then grow LOC’s, non traditional lender may not care about seasoning of fundscons: lower entry amount is likely, if personally guaranteed your utilization rate can hurt credit, traditional lenders will need seasoning on funds if transferred from loc into main acct
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30 November 2022 | 7 replies
Could be that you don't need to move them to a business account and just show you've had them for 60 days and it could be that you don't need to season them at all, just a bank letter saying you have the funds available is sufficient.
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5 March 2019 | 33 replies
They are all farm workers, so the work is seasonal and I'm concerned with the drought we are facing now in California we will be seeing a slow down of farm development and thus a loss of farm worker jobs.
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30 November 2022 | 9 replies
If anything, it could just be seasonal.
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15 May 2022 | 27 replies
Assuming my LL was open to signing leases for as short as 6 months, I can use this model to work the peak seasons, exclusively.
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21 November 2022 | 4 replies
Purchase and refinance rates are rising, so be sure to include a seasoned mortgage advisor on your team.
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10 December 2022 | 8 replies
Ya - I'm not sure if they can transfer them. but if I do it now between high seasons I might be able to swing it.
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9 December 2022 | 24 replies
However, just be aware of the seasoning requirement of your down payment for your lender.
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10 February 2022 | 12 replies
I did well enough - after coming on board in June, I won "Top Listing Agent" for the year, out-listing seasoned agents who had a 6 month head start.
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9 December 2022 | 3 replies
Agreed the market has changed but you now have some many new and seasoned investors looking for quick hits instead of building value in communities.