I own a house and have recently done a rent to own. all my money is tied up in the property and i would like to re-fi. to get cash out. two lenders told me i need to own property for 12 mo. befor i can re-fi at 90-95% LTV. the current lender will re-fi at only 80% LTV. i would like to keep going (buying and fixing rentals etc.) but feel stuck. the loan is currently a construction loan for 5 more mos. then will be converted into residential. cash flow is good now. my debt is ok but could be better. should i sit on this for 5 more mos.? pay down debt and get better credit? any suggestions? :type: