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Kevin Skolits
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What’s a good seasoning period for the refinancing part of BRRRR?

Kevin Skolits
Posted Feb 1 2021, 16:01

Hi all - I'm working on getting my ducks in a row for my first BRRRR.

For the Refi component — my mortgage lender says there would be a 6 month waiting period if I go through an HML. This seems like a costly and long period of time holding an HML. What seasoning period do you all typically look for? And how could I go about finding a lender with a shorter time waiting period? I'm searching in the Chattanooga market.

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