Cash-Out Refi No Seasoning Period SFH

Rental Property Investor · Indianapolis, IN · Member since 2011 · 31 posts · 6 votes

Hi all,

Has anyone had recent success on a cash-out/refi with banks/credit unions in the Indy area requiring no seasoning period for SFH investment properties?

Thanks!

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Calvin OzanickBusiness Member

Property Manager · Janesville, WI · Member since 2017 · 708 posts · 297 votes

I have had clients in Wisconsin and Michigan have success with Lima 1 Capital. They are very friendly to flippers and BRRRR investors. Best of luck on your search.

Wisconsin Property Managers4.8411 Reviews

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Peter Davis
Member since 2018 · 15 posts · 4 votes
5y
If set up properly upon purchase by creating a mortgage to yourself - I’ve been able to bypass the seasoning period. PM me I can give you referral. However, lead times are still like 90 days right now so it’s slow go with this lender, but at least possible.
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Calvin OzanickBusiness Member
Property Manager · Janesville, WI · Member since 2017 · 708 posts · 297 votes
5y
I have had clients in Wisconsin and Michigan have success with Lima 1 Capital. They are very friendly to flippers and BRRRR investors. Best of luck on your search.
Wisconsin Property Managers4.8411 Reviews
Website View Page
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Sam Amin
Real Estate Broker · Warren, MI · Member since 2020 · 14 posts · 6 votes
5y
@Calvin Ozanick I have heard good things about Lima1 as well. Will give them a try! Thanks Calvin.
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Danny S.
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Rental Property Investor · Indianapolis, IN · Member since 2011 · 31 posts · 6 votes
5y
@Peter Davis thank you for the insight.

@Calvin Ozanick I'll look into their services. Thank you, sir!
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