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Time frame and Refinancing
My lender is asking me to write up an itinerary so he can see the chronological scope of our non-arm's length deal. We will use his name to refinance this property, but how long will that take? I've heard of cases in which investors can refinance a property 2-3 months after rehab, as well as cases in where people aren't able to refi until 6 months or a year after rehab. With my lender's credentials, financial standpoint, and credit, can we expect to refi faster?
If so, would you recommend refinancing as quickly as possible? Are there any things that I should consider if refinancing in 2 months rather than 6.