Tuesday, August 27, 2013

Figuring it all Out....

We are still here...still scheming! It seems like every time we have something figured out and concrete answers in place, another curve ball is thrown our way! Here recently, we had devised a "mostly" safe and effective way to build a cottage for cash, with the plan of paying off some of that debt in an effort to have enough capital to build the next one. Well....wouldn't you know...banks have what they call a "Seasoning period" which lasts anywhere from 6 months to a year before they will do any sort of cash-out option. I like my houses bland thank you! Ridiculous...who makes these rules?!

Anyone out there in the blogosphere know of a way around this seasoning period?? I have seen a few options but I thought maybe there was a stone un-turned!

0 comments:

Post a Comment