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14
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Jc Galang
  • Investor
  • Los Angeles
14
Votes |
24
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Refinancing in BRRR all CASH

Jc Galang
  • Investor
  • Los Angeles
Posted Aug 18 2020, 13:15

Hi everyone, first post. I've been lurking the BP community for a while and it's been exciting to learn from everyone. Thank you! 

This question has been asked multiple times in the forums and covered in some articles but I am still pretty confused. When REFINANCING a BRRR property bought with cash, is a seasoning period required? To my understanding, if all cash, then no seasoning is required. But, i've also read that regardless of initial investment (cash, conventional, HML/PML), a 6 to 1 year seasoning is required depending on the lender I am refinancing with.

I guess what I dont understand is, if bought with my own cash initially, why the seasoning? 


Hope it makes sense, and thanks in advance!

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