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Updated over 12 years ago on .

User Stats

135
Posts
4
Votes
Keith A.
  • Real Estate Investor
  • Ft. Lauderdale, FL
4
Votes |
135
Posts

Anyone know brokers/lenders with 6 month seasoning versus 12 month?

Keith A.
  • Real Estate Investor
  • Ft. Lauderdale, FL
Posted

We have some properties bought with cash within the past 7 months. A couple had rehabs done while others did not. We would like to do some cash-out refi's on some of them to lock in low rates. I only have one loan personally so these would be conventional for now.

Do you know of any brokers/lenders that have 6 month seasoning for looking at value versus purchase price? They will do purchase price immediately but a couple properties had a lot of rehab done and that would leave too much equity. The others with no rehab would be fine doing off purchase price.