Cash Out Refi on a BRRRR Struggles

[Garrett Terrell]

Hey everyone!

Looking for help/advice. I'm in the middle of a rehab process right now on one of my BRRRR's. The total rehab timeline will be about 3-4 weeks after closing on it.

I already have a renter lined up and I will be cash flowing about $400 roughly after PITI on a 75% LTV cash out refi.

Now my question is, how quickly can I get it refi’d? I’ve heard there is a “seasoning period” but I’ve also heard you can get around that.

Also are there lenders that can go up to 80% LTV on a cash out refi?

I’d prefer to not eat the hard money loan for 6 months or longer so I’m just trying to get my capital back as quickly as possible and move onto the next project. Any help is greatly appreciated thank you so much!