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Updated almost 4 years ago on . Most recent reply

User Stats

17
Posts
2
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Emilio Pereira
2
Votes |
17
Posts

season period for Refi?

Emilio Pereira
Posted

Good afternoon all! 

I closed on my first investment property last month and are in the process of rehab.  We have about another 2-3 weeks for the rehab and will be ready to rent out and then refinance. I’ve called a few lenders and most of them I’ve called are asking for a season period of having the home (3-6 months). Is there a way around that assuming by the time I do the refi I have a renter in plane with a long term lease? I really don’t want to wait 6 months to get my money back so I can do it all over again. thanks and let me know! 

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