Amit Chawla
Shortest BRRRR Seasoning Period
HI BP,
Im sure this has been covered already but I am looking for some lenders in Ohio who would be willing to do a shorter seasoning period than 6 months on a BRRRR. The property in question is a 12 (possibly 13) u...
Mark Ferguson
HUD bid period timelines
I keep seeing posts on the HUD timelines and a lot of people have different ideas of the bid periods.
HUD has the same bid periods in the entire country but they can vary according to property type.
1. FHA insured...
Wesley W.
Rent payment grace period
Hello folks,Okay, here's an issue I would love people to provide input on. In our rental agreements we give a 5 day grace period before late fees and pay or quit notices are generated. We only accept payment through...
Terri B.
Managing the slow period
My STR is in the Midwest in a small beach town and near a golf course. We opened in Aug and was booked every weekend until after labor day. What are you all doing to increase bookings for the slow period?
John Tran
Tax Lien redemption period
Hello all,I want to look into tax lien sale and have a question regarding protecting your investment during redemption period.I am in Georgia. Here there is a 1 year redemption period during which I can't do anything...
Jean-Thierry Aleman
Inspection period advice needed.
I am currently going after an REO. It is a full gut rehab. Everything needs to be ripped out and redone except plumbing. I had my contractor walk the property with me already but (there's always a but) this house has ...
Sean Beyrouthy
BRRRR - Seasoning Period - Refinance
Hello all! I am an investor in Delaware county right outside of Philadelphia. I currently have two rentals properties near Widener University and looking for my third. I know finding a full BRRRR in the current real e...
Jon Ankenbauer
Seasoning Periods when BRRRRing
I am looking to complete a BRRRR (is it still possible to do these??) and have started calling on local credit unions to discuss the refinancing portion of the transaction. In my most recent call I was told that if t...
Andy Levin
States with Option Periods
In Texas, option periods are the norm in real estate contracts. These option periods allow for buyers to back out of the purchase for ANY reason at all - even if the buyer just decides “no, nevermind.” I am curious to...
Tyler Wehrung
BRRRR and Seasoning Period
Hello BP!I have an accepted offer on my first property that I am purchasing with all cash. My strategy was to purchase with cash, rehab, rent, refinance. I just recently learned about the "seasoning" period which fr...