You wouldn’t need it to be seasoned in your account.

your right I am not very observant.. just a dumb ole developer  carry on.. 

And this is developed over time by networking and growing your circles of influence.  

I've been working with Seller's to get development properties on the Market - 3 in the last two weeks.

Hello All,If I wanted to season heloc funds for a 7/30 closing date on a rental property with conventional 20% financing, when would the funds need to be in my account by?

Look for value add, development opportunities, up and coming markets and undervalued assets. 

My totally uneducated theory and please poke holes in it, is that rents will gradually stop growing and/or decrease as developments  reach the lease up phase.

I don’t know that area personally but North and East Providence are the nicer areas - stay away from South Providence unless your a seasoned investor.

@Kevin Fox the city council is voting Monday to eliminate Development and Impact fees, which will make this 8-20K cheaper to permit.

Some banks have different requirements, but two that I work with structure loans as follows:Bank 1:  is a local portfolio lender, requires a 6 month season period, does 15-20 year notes with 5 year variable interest, super quick turn around on refinancesBank 2: is a credit union that does commercial loans, doesn't require a seasoning period, but does require a lease to be in place, does 15-30 year notes, rates vary depending on note term, and they will allow a 10 year period before the rate changes, super slow turn around on refinancesI opt for option 1 because I don't like to be slowed down for 3-4 months waiting for a refi, but I also have a great relationship with my bank, and tell them what other lenders are doing and see how closely they can match the competition.