Posted by phil fernandez on January 29, 2001 at 12:14:43:
A local small town bank is often flexible and very easy to deal with. These banks often keep their loans that they create in their portfolio. Ed hit the nail on the head with his great post above.
I have been dealing with a small bank for years with great success. Easy to talk with. The loans are funded quickly. And they will take the time to listen.
Ed Garcia talks about “SEASONING”. - Posted by Ed Garcia
Posted by Ed Garcia on January 29, 2001 at 11:59:37:
Ed Garcia touches on the subject of “SEASONING”.
This morning I answered a post on my board that I thought I might share with you. The Honorable Mr. Jim Piper has told me that I should discuss this subject, because it seem to be a major problem for investors.
So here goes.
Posted by Jim In Indy on January 29, 2001 at 10:02:47:
I have read several posts about investors that refinance a rehab to recoop initial costs, repairs, put cash in their pockets, etc. How is this done