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Updated about 1 year ago on . Most recent reply

User Stats

6
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Jordan Fair
Pro Member
  • New to Real Estate
  • Cincinnati, OH
4
Votes |
6
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Seasoning Periods for cash out Refi's?

Jordan Fair
Pro Member
  • New to Real Estate
  • Cincinnati, OH
Posted

Hello everyone! Im being told different things by different lenders on seasoning periods for cash out refi's. Some lenders say 6 months, some tell me 3 months, some say me no seasoning period to do a cash out refi. Is there a general rule of thumb on timeline to do a cash out refi if you buy a property equity from the start? Are there any laws on doing a cash out within 6 months? Within 3 months? Any insight on this would be appreciated! Thank you

  • Jordan Fair
  • Most Popular Reply

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    Jaron Walling
    Pro Member
    • Rental Property Investor
    • Indianapolis, IN
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    Jaron Walling
    Pro Member
    • Rental Property Investor
    • Indianapolis, IN
    Replied

    Leverage a DSCR loan. Conventional loans jumped to 12 months seasoning which is crazy if you're completing BRRRR type deal.

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