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Updated over 5 years ago on . Most recent reply

Tony Lee's profile image
Tony Lee's profile image
Tony Lee
  • New to Real Estate
  • from Allentown, PA
  • Member since Jul 3, 2019
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Tony Lee's profile image
Tony Lee's profile image
Tony Lee
  • New to Real Estate
  • from Allentown, PA
  • Member since Jul 3, 2019
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Tony Lee
  • New to Real Estate
  • Allentown, PA
19
Votes |
62
Posts
Multi-Family and Apartment Investing

How soon can you refinance on a home?

Tony Lee
  • New to Real Estate
  • Allentown, PA
Posted

Hi all and Happy Thanksgiving :D

Hope you all having a wonderful Thanksgiving with family. 

So I just recently put down 20% toward an investment property and need money for my next project and would like to know "How soon can I refinance on a home to get cash out?" I closed the house on October 1st

Thank you for the response. 

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Caleb Heimsoth's profile image
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Caleb Heimsoth
  • Rental Property Investor
  • from Durham, NC
  • Member since Oct 1, 2016
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Caleb Heimsoth's profile image
Caleb Heimsoth
  • Rental Property Investor
  • from Durham, NC
  • Member since Oct 1, 2016
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Caleb Heimsoth
  • Rental Property Investor
  • Durham, NC
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Caleb Heimsoth
  • Rental Property Investor
  • Durham, NC
Replied

@Tony Lee did you have instant equity or not? If you don’t have instant equity refinancing won’t make much sense

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