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Updated almost 3 years ago on . Most recent reply

User Stats

29
Posts
10
Votes
Jordan Jaramillo
  • Rental Property Investor
  • Pensacola, FL
10
Votes |
29
Posts

Refinance on home with out waiting

Jordan Jaramillo
  • Rental Property Investor
  • Pensacola, FL
Posted

Is there a way to cash out refi if I paid cash for my home without waiting 6 months?

Most Popular Reply

User Stats

102
Posts
71
Votes
Erik Checkur
  • Real Estate Broker
  • Denver, CO
71
Votes |
102
Posts
Erik Checkur
  • Real Estate Broker
  • Denver, CO
Replied

Hey Jordan, I just had this come up with a client and lender I am working with right now in SC. My lender said it's called "delayed financing" which is the term used for essentially getting complete cash out refinancing within those 6 months from a deal you paid cash on. So yes, it is possible.

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