The two year period is a lovely mythological example of an attempt to make sense of statute and case law where there is no sense. 

This is due to the deal purchased at .5% being in a great location, with high rent increases in just a short time period, very low vacancy/low turnover, and great appreciation.

It has a small college and from the people ive talked to rents are seasonal and units can sit vacant for long periods of time.

The application period is the best side of the tenant you are going to see.

In order for it to be an investment, a purchase would have to be completed by said individual, who would hold the property for a period of time for rental income, capital appreciation, or both.Even experienced real estate participants confuse the real estate business with real estate investing.

Period.

It’s fixed up, am looking for a local lender who could refinance it based on Appraised value without seasoning period, instead of Purchase price.Made a bunch of calls to quite a few Local credit unions, but no luck so far - asking 6 month seasoning or would lend on the purchase price.

We cover materials, then pay for labor at the end or at periodic milestones.

Period.

Hello,I am currently in my due diligence period on a 2 flat that was recently remodeled within 10 years.