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Updated over 6 years ago,
I hate seasoning unless it’s on my food
So we are refinancing our owner occupied 4 unit from fha to conventional w/cashout. Now our plan is to purchase a second property and house hack that as well but we’re being told we have to wait for our refi to ‘Season’ before we buy another property as owner occupied. We see a few properties that come on the market and we want to make an offer but our lender insist that we wait awhile after our refi. His reasoning is if we refi as owner occupied then purchase #2 as owner occupied the lender may see that and deny the loan. Is this true or just dependent on the lender?