Lenders operate on risk. The lower their risk, the less they charge in interest and fees. One way they analyze risk is by looking at your financial stability.
Enter: seasoning requirements.
Lenders include these time requirements to make sure that you show a history of
creditworthiness. As you prepare for your first investment deal, keep seasoning requirements in mind.
Join me as I talk through a 'Seasoning' requirement and whether it can prevent refinancing!
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