Joe Detore
What is the typical Seasoning Period
I am looking to buy a house with a %100 cash payment (no loans or mortgage) in Florida, and will then be looking to mortgage the home utilizing a cash out option with the equity in the home and use that money to purch...
Adam R.
Negotiate with owner during redemption period
I have 2 good leads on properties that are in the 1 year redemption period after tax sale. 1) Can I buy the property directly from them and get the deed prior to the end of the redemption period and then payoff the wi...
Susan H.
Late fees & grace period (Arkansas)
[Likely questions with an obvious answer to all you experienced folks...]My rental property is in Arkansas where the state statute notes a 5-day grace period. If rent is due on the 1st, can I send a "you're late" noti...
Nitin Dhiman
Holding period question for 1031 exchange
Hello experts,I believe that for a full tax deferral of profits through a 1031 exchange, I need to have occupied the property for at least 2 of the last 5 years. A rental property that own was occupied by me for the f...
Chris C.
NC waiting period for abandoned unit?
I have someone whose rent was due on the first, they didn't pay. Their number has been disconnected, and it looks like they moved out. One of the neighbors said that the perosn's family had come and moved her out. How...
Patrick Philip
What is a normal closing period?
For single family residential. I've seen FHA purchases with periods of just 30 days. So is there any good reason to ever go longer than that? I would preferably always like to close as fast as possible. Is there any r...
Account Closed
No grace period for rent payment?
Our rental contract specified a daily late fee if the rent is made after due day. My tenant complained that’s unheard of and “no room to breathe”. What are you guys’ thoughts on this?
Hailey Brown
Seasoning period for a BRRRR property
BRRRR Strategy Question -- If I am using cash to buy the property and cash to rehab the property, when I go to refinance is there still a seasoning period before I can get a loan? Or in this case would this be differe...
Grant Moffett
6 Unit Refinance Low Seasoning Period
I bought a 6 unit complex that I have owner financing on for 6 months. I'll be looking to refinance my rehab money back out of the property around that 6 month mark post rehab and finding renters. Are there lenders ou...
Christopher Leone
Banks have Season period how long
Hello All
Buying house in cash and news rehab so I know that every bank has Season period I talk to a lot in my area they are saying 6month to 1 year does anyone know if there are any banks that will do less than 6mo...