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Updated over 4 years ago on . Most recent reply

Florida Banks that Cash Out Refi in Less Than 6 Months
Hello BP Forum! I'm a newbie investor (have three investment properties). I purchased a new construction in Palm Bay, FL for $220k but other similar homes from this same builder have been appraising in the $240-250k range. I am thinking of paying cash and then financing so that I get back more cash to reinvest. So do you think this is good idea? If so do you know of any banks that have a quicker than 6 months seasoning period.
Renee
Most Popular Reply

@Renee Yourk yes if you pay with all cash you can use the Delayed Financing Program and re coop the majority of the investment with out the 6 month seasoning rule
- Melvin List

C2 Financial