Refinancing a Recent Purchase, Looking for Lenders!
I just bought a property I'm going to live in with a conventional mortgage on 6/2/16. I've put about 65k into it and it's just about done. I would like to refinance the property and get that money out. My lender tells me that we can't use the new appraised value until 6 months after the purchase. I'm curious if there are any lenders out there that will refinance and use the new value right now? Or if anyone has had any experience refinancing right after buying and renovating?