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Updated about 5 years ago,

User Stats

22
Posts
4
Votes
James Baker
  • Grand Rapids , MI
4
Votes |
22
Posts

How long is a seasoning periord?

James Baker
  • Grand Rapids , MI
Posted

Hello BP. I have a question about the requirements of the seasoning period of time when it comes to the refinancing portion of the BRRRR process. If I purchase and funded a rehab on my own with cash and brought the value of the property up to market prices, could I go to a bank and ask to borrow against it without any time restrictions? For example, a bank may say you have to wait 3 to 6 months from completion of rehab, or 6 to 12 months. Or could you borrow against the house right after the rehab was completed?

Thanks in advance and I appreciate your time and input. 

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