If Seasoning is Big Problem, Then Flipping - Posted by Inquirer

Posted by Matthew on July 20, 2002 at 15:50:15:

Wayne-
I have flipped many times and would like to know how to get around these new rules. this note thing makes sense can you email me the details.
thanks in advance

If Seasoning is Big Problem, Then Flipping - Posted by Inquirer

Posted by Inquirer on July 20, 2002 at 09:08:51:

properties would not be the way to go for newbies to get started because of the “title issue”!!

I would like to specialize in “straight options” and flipping “pretty houses” to retail buyers to generate some fast cash, not junkers to rehabbers. How can I make sure I get paid on my end when I find a buyer whose lender will throw up a “red flag” because of the seasoning issue? Is there a way around this?

Thanks for responding.

Inquirer

Re: If Seasoning is Big Problem, Then Flipping - Posted by Lyal

Posted by Lyal on July 21, 2002 at 08:55:13:

Re: If Seasoning is Big Problem, Then Flipping - Posted by Wayne-NC

Posted by Wayne-NC on July 20, 2002 at 12:53:56:

Yes there is. Create a note and have it sold (at a discount) for cash at close. That is basically it. E-mail me for more details if you need to.