Refinance Seasoning Period for Owner Carry?

[Jeremy Woods]

I tried google and looking on bigger pockets but I can’t seem to find an answer. I’m looking at a purchasing a group of Multi families that need work right away. Owner is willing of course to do an owner carry since there are bound to be issues that would kill a conv loan. My question is if we purchase these properties and put in the work right off the bat is there any kind of seasoning period that we would have to be aware of like there is on Conv loans 6-12 months or because it’s an owner carry it would be treated differently and we could refinance right away?

[Harjeet Bhatti]

@Jeremy Wood Under conventional loan you have to wait 6 month to cash out but you can refinance as rate and term any time.