Cash out seasoning name on title

[Greg Bennin]

I built 4 duplexes (8 parcel numbers) to sell in my s corp and ended up renting and keeping them. I've rented them for about a year now, no mortgages. I want to cash out, still own them (not the wisest thing to have them in an s corp I know) and use money to build 30 units next spring.  Each unit of the 8 will only show a $20,000 gain so not a big tax ding.  For the most favorable mortgage terms do I have to quit claim deed the titles into my personal name and have them in my name for 6 months?  I do want to slowly get the get the property out of my s corp (s corp was put together to flip homes and I don't do much of that anymore)  Can I quit claim deed properties into a different llc that's not taxed as an s corp and be able to cash out refi in 6 months with the most favorable financing and not have it in my name? Thanks  

[Mike Burkett]

@Greg Bennin I assume the S-Corp is an LLC? If you own the LLC, you can deed the property into your name. You have owned the property for a year. The change in title to you individually does not initiate a new 6 month waiting period for a cash out refinance.

https://www.fanniemae.com/content/guide/selling/b2/1.2/03.html