How to Cash Out before 6 Months

[Dan C.]

Hi, I’m a first time cash buyer who bought 2 properties with my name on the property but am using private funding from parents as well (I pay them a monthly interest rate). I didn’t know about the 6 month refinance rule for cash buyers. I’d really like to cash-out refinance sooner than 6 months. Is there any way around it? Thanks in advance.

[Eliott Elias]

Use a non qualifying loan like a DSCR. If you paid the house cash you'll be able to cash out in a month