I was hoping someone could explain why a bank would require seasoning on a foreclosure that was bought using all cash.
We closed on a single family last week. The entire project should take roughly 3 weeks to comple...
I just finished up a 3 week consulting contract that severely cut into squirrel and the first part of archery deer season. Going to get out there next week though. Don't know if I'll get turkey in this year but I'm ...
Any folks have insight into a local bank in Columbia SC area that is willing to do cash out refi on a non-seasoned rental property?Thanks
Hello again bigger pockets people. I just wanted to clarify the rules when doing a cash out refinace.
Buy all cash- no 6 month seasoning required?
Use hard money- there is a 6 month seasoning period?
Can anyone offer ay advice on purchasing properties for seasonal rentals? I am all for investing in local real estate transactions however ever since we have rented properties on VRBO I have been curious if these type...
So I was supposed to close the sale of a property this morning when the buyers mortgage company suddenly wanted to know if the property was a "flip". After biting my tongue to avoid the stream of profanities I wanted...
Apologies in advance if this is a stupid question. The BRRRR method references getting money to buy the property initially either through cash or hard money, then rehabbing, renting, and refinancing. When I research...
Hey BP,I recently completed the rehab and placed tenants for my first single family BRRR deal in Chattanooga, TN. Now it is time to refinance!I have been hearing from lenders that it is a Fannie/Freddie requirement to...
Hey BP fam, I'm a rookie and I formulated a list of experienced investors in my local area I'm going to connect with throughout the next few months.The point of this is to gain knowledge about the industry, my market,...
Hi BP forum!
Wanted some feedback from more experienced investors. I am looking at a turnkey property in coastal WA (Ocean Shores), approx 1 yr old, 2 bed 2 bath with garage, $440,000. It is in excellent condition ...