I am closing soon on an investment property using conventional financing and 25% down. My question is: Is it ok if, at closing, I wire funds from another of my personal checking accounts that was not reviewed as part ...
I am new to BP. I've been lurking for the last 24 hours and attempting to gather as much information on similar scenarios as I can, but I think its time I started my own thread. I have no real estate background and kn...
Hello BP'ers,I was reading a real estate article the other day which talked about end of the summer buying season (particularly for SFRs). For you experienced flippers, is this something you consider for prior to pur...
Hi everyone,
Recently moved to Naples FL, and after one weekend enjoying the pool and the beach, we couldn't help it: we started to think about real estate. We would like to buy a single family or townhouse in Naples...
Hello all,so I’m a couple BRRRRs with a lease options in and the issue I’m having is Fannie Mae and Freddie Mac both need a 12 month seasoning period and so-far all the DSCR 30 yr I’ve found do 6-12 months seasoning. ...
The holidays are a long-awaited period for every business since it is the best time to maximize their return on investment, and vacation rental hosts are not an exception.
Therefore, taking action on planning a high...
What season has everyone found to be the best for their STR's? In our area (Orlando / Kissimmee / Davenport), summer is super busy. Here's wishing everyone a prosperous summer!
HiI am new to the family and 23 was my first year owning beach property (Myrtle Beach). I did expect there to be a slow season Oct-March, but I am hell bent on changing that! Anyone else been able to bring in the sl...
I am trying to get a better understanding of how seasoning effects the buyer and seller in the Florida area. Is it required by only some lenders? Does it effect cash buyers?
A couple of years ago I sold an LTR and 1031-exchanged it for an STR in the NC mountains. I have grown to really like the STR business! Now I want to sell a handful of LTRs and buy another STR, this time preferably in...