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Einar Ojito's profile image
Einar Ojito's profile image
Einar Ojito
  • Real Estate Agent
  • from Miami, FL
  • Member since Oct 26, 2015

User Stats

3
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Einar Ojito's profile image
Einar Ojito's profile image
Einar Ojito
  • Real Estate Agent
  • from Miami, FL
  • Member since Oct 26, 2015
Einar Ojito
  • Real Estate Agent
  • Miami, FL
2
Votes |
3
Posts
Buying & Selling Real Estate

Banks asking for 6 months to refinance property

Einar Ojito
  • Real Estate Agent
  • Miami, FL
Posted

Bought the house rehabbed now I'm renting it. Project took 4 months now I'm done and banks want the property seasoned 6 months to do a refinance. I close on another house in a week and will have to wait another 6 months. This is tying up my capital. When BP discusses BRRRR and the some investors are doing properties on a monthly basis what banks are they using? Hard money lenders, commercial banks?

  • Einar Ojito
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