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Updated over 10 years ago,
want to refi land contract...how long do I need to season?
Hello,
I have a property I am trying to refi that is currently financed with a land contract. I have owned the property for 6 months and tried to go to my usual bank but for a land contract they require 12 month of seasoning. I have tired a couple other banks and they say the same.
Does anyone know of a bank that will refi a rental property owned via a land contract with only 6 months of seasoning?
Thanks,
Jon