Updated almost 6 years ago on . Most recent reply
How long is a seasoning periord?
Hello BP. I have a question about the requirements of the seasoning period of time when it comes to the refinancing portion of the BRRRR process. If I purchase and funded a rehab on my own with cash and brought the value of the property up to market prices, could I go to a bank and ask to borrow against it without any time restrictions? For example, a bank may say you have to wait 3 to 6 months from completion of rehab, or 6 to 12 months. Or could you borrow against the house right after the rehab was completed?
Thanks in advance and I appreciate your time and input.