Would anyone here have a connection or referral to a lender that could refinance out of hard money for a single family as soon as the rehab is complete or at least close to it? The property of interest is in the Fort Wayne, Indiana area. Thanks in advance.
@Justin Young . It depends on the arv and typically you would have to hold it at least 90 days.
@Doran Summers Would delayed financing work in this situation or is that only used for an all cash purchase upfront (non-hard money)?
@Justin Young You can refinance under rate and term. For cash out you have to wait for 6 month.
To use delayed financing exception it should be cash purchase or personal loan.