It seems that reading other forum posts indicate that banks might require me to season the title in my personal name for 6 months before refinancing.

Debra,We use Bitcasa that has unlimited storage.

I started 13 years ago with sngl family homes via sheriff sale, moved to apartments, and now have a strip center-storage facility.

But this is normal for the holiday season.

Seasoning requirement is about 3-6 months.

There are plenty of things in place that make no sense.Just be glad the funds can be gifted and they are not required to be "seasoned" in your account.If you want the property you have to play by their game.

In MA it can take 6 months or more, costs a fortune, and when the tenant finally has to move, landlord has to pay a moving company (not picked by you but by the sheriff to the tune of $1800 for a 1 bedroom apt move) to move the tenant's stuff to a storage bin that the landlord has to then pay for 6 months.

So in essence I as an investor may lose the money I put into buying the 2nd and all accompanied legal fees, but the owner lost the home.This would seem to be the case but I may be mistaken.Would appreciate some clarification from more seasoned investors.Thanks!

Doug told him the kitchen cabinets in the downstairs unit were for storage.

So they will give new wholesalers a big credibility barrier since any seasoned rehabber or landlord will have encountered tons of these guys.If you work at it and find really good deals you will be the most popular person at any REI event you go to.