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Updated over 11 years ago on . Most recent reply

Alan Johnson's profile image
Alan Johnson's profile image
Alan Johnson
  • from Bothell, Washington
  • Member since Aug 26, 2013
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Alan Johnson's profile image
Alan Johnson's profile image
Alan Johnson
  • from Bothell, Washington
  • Member since Aug 26, 2013
Connect
Alan Johnson
  • Bothell, WA
0
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4
Posts
General Real Estate Investing

Minimum 6 month hold from lender

Alan Johnson
  • Bothell, WA
Posted

Hello BP!

I started taking the important step today of getting pre-qualified. The lender has told me that in order for his company to get involved, I would have to hold the property a minimum of 6 months before I flipped it.

Being relatively new, I am wondering have a lot of you experienced this before when you were getting started? And any advice on how I should approach the situation?

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