Jimmy Chao
Selling fixer to relative and avoiding seasoning period.
I am weighing some options to help my younger brother buying his first primary with a fixer. I was told by another investor that I will run into a seasoning problem, but i don't see how if i don't plan on refinancing....
Kevin Ford
What are industry standard vacancy periods and leasing fees?
I was informed by my property manager that the standard time to find a new tenant would be 45 to 60 days. This seemed very long to me, so I wanted to see what other peoples' experiences have been. How long does it t...
Ross Yeager
Alternatives to waiting for the hold period after BRRRR?
I just purchased an all cash deal that I'm rehabbing and will have an ARV that I'll be able to finance and get back my initial investment (LTV 75%). I purchased the property and fixed it up all in cash, but in order ...
Hunter Byler
Houston Cash Out Refi - No 6 month seasoning period
I am looking for lendors or local banks in Houston, TX that will do portfolio type loans for a cash out refinance or no cash out refi without the 6 month seasoning period. Does any one have any suggestions? I have 2 p...
Bilal A.
Seller asking for break in price after option period
Hello BP members,
I am in need of some advice on a property that I'm in the process of buying. We are past the option period and the loan is already underwritten and approved by my bank. All addendums have been signe...
Bilal A.
Seller asking for break in price after option period
Hello BP members,
I am in need of some advice on a property that I'm in the process of buying. We are past the option period and the loan is already underwritten and approved by my bank. All addendums have been signe...
Ben F.
When To Initiate Attorney Actions During Lien Redemption Period
Hello BP Members,I am looking for advice on when to hire and initiate any attorney actions within the redemption period of an owned lien.I have liens in Arizona and Florida. All of them are nearly 1 year since purcha...
Grant Moffett
Seeking Private Money Lender or Short Seasoning Period Lender
I just closed on a 6 unit complex in TN. We are looking to execute the BRRR method with this property and have 6 months to refinance the property as we are on owner financing for that period of time. Im seeking either...
Aaron Gordy
Recent buy and sale after one year holding period
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $339,000
Cash invested: $100,000
Sale price: $593,000
A partner and I bought this dilapidated duon plex ...
Sinh T Tsang
Backing out of a contract, past the inspection period?
I have signed an agreement with a seller that seems to really want to get rid of his home quickly. The home is for sale in "as in" and "cash sale" with "ZERO earnest money deposit" under a standard "Louisiana Purchase...