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Updated over 6 years ago on . Most recent reply

User Stats

26
Posts
4
Votes
Naor Biringer
  • Investor
  • Dallas TX
4
Votes |
26
Posts

Refinance cash out >> in the Dallas area

Naor Biringer
  • Investor
  • Dallas TX
Posted

Hello ,
I am currently looking for a bank that allow refinance with low seasoning period , and offer cash out on the refinance. and how long do I have to own the property before the bank will lend the appraised value

If anyone have same experience with out of state banks, I'll be happy to here about it.

thank you ! :)  

Most Popular Reply

User Stats

14
Posts
18
Votes
Weston O'Dell
  • Lender
  • Springfield, MO
18
Votes |
14
Posts
Weston O'Dell
  • Lender
  • Springfield, MO
Replied

Naor,

There are many financing options in the private sector that may be worth exploring. From my experience, rates will be higher then conventional financing. However, more flexible options become available. Most investors in my network look to refinance to ARV at 90 days with a few options available at 30 days. Might be worth your time to explore financing options outside of fannie or freddie.

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