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Buying & Selling Real Estate

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Michael Dunn
  • Olive Branch, MS
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452
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Cash-Out Refi with No-Seasoning period required ......

Michael Dunn
  • Olive Branch, MS
Posted Oct 4 2015, 13:41

Just have a quick question, as I've been researching my question online, but would like to confirm it with others .....

I'm getting that you can only do a

Cash-Out Refi with No-Seasoning period

, on properties that you purchased as Investment properties , but that you can NOT do this on properties that are purchased as Owner Occupants.

If it is an O.O. , then you have to wait 6 months to 1 year to do it .... depending on your Bank/Lender ?

And lastly, when you go to do the cash out refi ..... what's the max LTV that they'll give you .... 75% ? 80% ? or even 100% ?

Thank you for the help

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