Question about Seasoning Period

[Justin Rockitter]

So my conventional lender says that they can only cash out refinance on 80% of purchase price after 6 months and in order to base the refinance on the ARV I would have to wait 12 months. Is this typical? Are there lenders with less of a seasoning period?

[Andrew Postell]

@Justin Rockitter thanks for posting.  This is an all too common restriction that investors face. The short answer is that you shouldn't have to face seasoning - EVER. It's either we need you to get with a better lender or we need your transaction to be structured differently.

I wrote two posts on this subject that I would like for you to review:

1. How to find real estate investor friendly lenders - HERE

2. How to avoid seasoning - HERE

Hope those help in some way.