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Updated almost 8 years ago,
refinancing with no seasoning period
Hello BP! I need help with this scenario,, I recently purchased 2 properties cash in December. One house cost $30k and the other $55k, ARV will be about $90 to $100! They are currently being renovated and one will have a tenant in place February 1st, and the other will also be rent ready February. Now I need a refinance company that will approve me without a seasoning period. I had a guy that was going to help me out with good terms but he is not returning my call and that's frustrating to deal with. So I am looking for 15 to30 yr term with 75% ARV cash out, and I will have a tenant lease at $1100 a month( for 1 house ) for income verification.
thank you !