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Updated almost 2 years ago on . Most recent reply

User Stats

26
Posts
10
Votes
Nick DiFinzio
  • Rental Property Investor
  • Long Island, NY
10
Votes |
26
Posts

Banks/Lenders With No Seasoning Period

Nick DiFinzio
  • Rental Property Investor
  • Long Island, NY
Posted

Hey can anyone help me compile a list of banks/lenders that do not have a 12-month seasoning period?  Trying to cash-out refinance a property that I own to roll into another deal. Property is located in Binghamton, NY. Thanks in advance!

  • Nick DiFinzio
  • Most Popular Reply

    User Stats

    441
    Posts
    134
    Votes
    Alex Hunt
    • Lender
    134
    Votes |
    441
    Posts
    Alex Hunt
    • Lender
    Replied

    Hi Nick, 

    I grew up in Rochester NY. If there was work done to the property then there is no seasoning. Otherwise you are looking at 3-6 months. 

    Feel free to send me a PM with more information about the property. 

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