Delayed financing and no seasoning loan
Hello,
I have about some equity in my primary residence. I am in the process of moving into another property and was going to sell my current home and use the funds to purchase more properties. I recently heard a podcast on BP regarding delayed financing through secondary market. From what I understand, you can use the equity you have on a property to purchase another property. Then there is no seasoning period to obtain a mortgage on the new property. Did I understand this correctly? Anyone has done this with success? Would you recommend this route? Thank you in advance!