The Refinance Move After Your Rehab Is Done

[Joyce Ann Magallanes]

A lot of investors get so focused on the flip or the rehab that they don't think about what comes next — and that's where they leave money on the table.

Once the rehab is done, you can actually refinance up to 85% LTV on a rate and term refi. That means you're pulling out most of your capital, resetting to a longer-term loan, and repositioning the property — whether you're holding it or setting it up for the next move.

A few things that make this work:

The property needs to be stabilized (renovation complete, rent-ready or already rented). The 85% LTV applies to rate and term — not cash-out, which typically caps lower. And your credit profile matters — the cleaner it is, the more options open up.

A lot of people assume once the hard money loan is due, it's either sell or scramble. There's usually more runway than that.

Anyone here used a rate and term refi after a rehab to keep a property? Curious if you'll qualify? Submit here.