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BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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39
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13
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Trey Prince
  • Rental Property Investor
  • Westfield, MA
13
Votes |
39
Posts

Cash out refinance in less than 6 months ?

Trey Prince
  • Rental Property Investor
  • Westfield, MA
Posted

Currently in the process of purchasing a property that i plan on using the BRRR method. However the private and hard money lenders that I am in contact with say that the earliest they can refinance is 6 months. Is this normal considering the climate or is it lender based. Considering my efforts to move on to the next mult as quick as possible I would like to refi once tenants are in there.

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