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Updated almost 2 years ago on . Most recent reply
Cash out on loan
Hi all,
how long does one have to wait to cash out on a property? Are there 90% LTV products? I'm new someone please take pity on me and walk me through
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Robin Simon
#3 Private Lending & Conventional Mortgage Advice Contributor
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#3 Private Lending & Conventional Mortgage Advice Contributor
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Robin Simon
#3 Private Lending & Conventional Mortgage Advice Contributor
Pro Member
#3 Private Lending & Conventional Mortgage Advice Contributor
- Lender
- Austin, TX
Check out this latest article on BP that covers different loan options for cash-out refinances on the BRRRR method. General cash-out seasoning requirements are 3-6 months and there was a big change in seasoning requirement from Fannie Mae earlier this year that moved the conventional timeline to 12 months
BRRRR Loans: What Are the Options, and How Do DSCR Loans Stack Up?
https://www.biggerpockets.com/blog/brrrr-loans-what-are-the-...