My understanding is if someone was to purchase a property in cash, pay for the rehab out of pocket, and then look to do a cash out refinance into a conventional loan, there is a 6-12 month seasoning period. When does...
High Balance Conforming Mortgage Seasoning?
For high balance conforming mortgages (rate/term) are there any seasoning requirements?
There is a lender that is telling me that there is a 6 month limit from the close...
Hi there. Seasoned real estate investor looking at next deal. I would love to pick some people's brains on the best way to go about this deal.
Under contract on 8-Plex apartment complex. 3 bed 1 bath units with one...
I have a house that I'm closing on and plan to rent it out. If I pay cash, I want to (ideally) get all my cash back out with a refinance once we have rent coming in. Does anyone know a of a bank or lender that has m...
I am noticing, as usual a lower demand by prospective tenants for vacancies which open up during this slow time of year. If I place an ad, I will get a fewer responses. I can demand more rent in a busy season, becau...
Purchased a condo for cash ($73,200) at auction which is currently in the rehab phase. I will be putting roughly $10k into the rehab as well. Are there any lenders out there that can get me refi’d sooner than the 6 mo...
Can someone explain how seasoning will impact a flip deal? Who requires it? I am looking at potential flips and don't want to be caught unprepared and not able to sell after fix up.
Hi, Im looking for wholesale lenders, who do business in Texas that do not have title sesoning for sellers, on purchase transactions. Can anyone recommend any to me besides, Long Beach, Decision One, and Wells Fargo S...
Hey everyone! I own rentals and own a new property management company. My question today is regarding preventative maintenance of the rentals I manage. Currently I manage repairs as they come up, and suggest repairs w...
I have several properties to book this holiday season and I like the idea of decorating them to offer guests a Christmas atmosphere inside.
What other ideas have you implemented for this?