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Robert Collins
  • Rental Property Investor
  • Greenville County SC / Atlanta, GA
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How long does it take to refinance a home you paid cash for ?

Robert Collins
  • Rental Property Investor
  • Greenville County SC / Atlanta, GA
Posted

So I’m wondering how long does it take to refinance a home you paid cash for, renovated, have tenant in place, how long does it usually take to get a refinance done ? 

( I'm in the process of reading the BRRRR book btw)

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Todd Rasmussen
  • Rental Property Investor
  • Clarksville, TN
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Todd Rasmussen
  • Rental Property Investor
  • Clarksville, TN
Replied

@Robert Collins

Our lender is usually right around 21 days from start to finish, but we will typically time the appraisal to take place right after the construction is completed before it's rented out so needed access is readily available and the home is empty and appears big versus having a bunch of moving boxes sitting in a room making the appraiser claustrophobic.

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