William Moore
How to find good GCs in busy season?
We are investing in Portsmouth, VA but this applies anywhere: What is the best way to find a good GC to do a flip? Houses go quickly around here and we’re entering peak construction season so many GCs are probably b...
Ryan Detzel
How to calculate vacancy for a seasonal place?
There is a good deal on a short sale in a localish large (300+ units) summer only rental spot. It's listed for $20k less than all the others for sale and the sellers agent said the bank previously accepted this so the...
Ken Latchers
FL/Gulf Coast VRs. Ready for Hurricane Season?
Hey Florida and Gulf Coast vacation rental owners. Looking forward to this next tropical storm? seriously with global warming, it's only going to get worse. there are enough things with rentals that can keep you awake...
Dakota Adney
Seasoning Period Solution- Rate and Term Re-fi?
Hey BP Lenders!
Looking for an outside-of-the-box solution here:
My situation:
I'm in the process of constructing a solution to the 6 month seasoning period for a 30 year note in by BRRRR process. I purchased t...
Alfred Litton
Do You Need to "Season" a Retitled Loan??
I own 3 properties outright in my LLC but am thinking of borrowing against one or more to make new purchases. My bank says I need to pull the property(ies) out and retitle in my name but then I'll need to wait 6 mont...
Cong Zhao
Does State Housing loan require 3 months seasoning?
Hello BP!I have a flip in Spartanburg SC, the house just hit market. The best offer so far is a SC State Housing loan, Does state housing require 3 month seasoning like a FHA? It’s only been 2 months since I bought th...
Matt Ferch
Length of Seasoning Period — what accounts for differences?
Hello, as I have been researching BRRRR, it seems like the average seasoning period is 6 months. Some sources attribute this to FannieMae and FreddieMac.I’ve also seen posts mentioning lenders that have seasoning peri...
Anthony Lewis
How to season a mortgage for a lender
I know some one just bought a house and the lender requires seasoning so she can get out of her hard money loan?
Mike Shapiro
Attn seasoned investors! What ROI would you expect.
I'm looking at a property and trying to determine value. What expected ROI would you want/expect on the following situation...
as-repaired value est: $220,000
cost of repairs: $22,000 (includes contractor costs)
Oth...
Account Closed
When Does Seasoning Start In Real Estate Transactions
Is it true that it does not actually start until, the day after recordation of the deed. And if this is true, can
you do REO flips, as long as you get all of your deals
completely done on the same day?