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Rehabbing & House Flipping

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Isabel Owen
  • San Antonio, TX
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Permits required for cash out refi?

Isabel Owen
  • San Antonio, TX
Posted Jan 15 2016, 08:50

We are 95% finished fully rehabbing (foundation, roof, plumbing, electrical, etc) an investment SFR bought with cash and intend to cash out refinance after the 6 months required (so we don't have to do delayed financing).

When we start the refi process, will banks require proof of permitting for things like foundation and electrical work? Must we close out/get inspections for the work we have done before we start the refi process? How will they know exactly what work we actually did vs. what could have been done already?

Thanks for any help you can provide!

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