View report*This link comes directly from our calculators, based on information input by the member who posted.Hypothetical HML, 12%...3 points is what I have been given from multiple lenders. 3 months seasoning period.

It shows that the area and clients of these businesses can support the rent for the buildings over a long time period.

I haven't been able to find a lender that finances off of ARV values immediately without a seasoning period.

I've gotten cars running that sat for much longer periods of time than that and a new battery and fresh fuel got them running.

We have someone we'd like to rent to and are working with them re: there first, last and deposit payment. We're collecting the first and deposit upfront, but letting them pay the last month's rent on some type of paym...

@Adam J GoodsiteCan you tell the tenants that you will need them to move out for a period of time while you upgrade the unit?

I would prefer that to having occupants in my home for an unknown period.

You will likley run into an issue with seasoing period (how long you have owned the rental) when you go to refinance it.

Would be a very low risk trial on there to answer your question. 

Hi Everyone. Would appreciate the input for the following situation before jumping into it. I recently purchased a small lake house in IL, which is sort of vulnerable to winter temps (= very lightly insulated crawl sp...