Buy Rehab Rent Refinance Repeat
1 Reply
ShaVontze Tamaz Markell Young
from Kirbyville, TX
posted about 1 year ago
How long should it take after you start renting out the place should you refinance?
Bob Norton
Accountant from Slidell, LA
replied about 1 year ago
@ShaVontze Tamaz Markell Young That depends upon the bank you are working with. Talk to all the banks in your area. Some community banks will refinance with a signed lease. Most banks will require the property to be leased for several months. Some banks will require it to be leased up to as much as a year before they refinance.