Seasoning period on a hard money loan?

[Mark Ruiz]

I am purchasing a 7-unit apartment building using a hard money loan. The property is going to be delivered with 3 vacant units, which should allow us to renovate immediately. I expect to be fully renovated and leased up within 6-7 months and would like to cash-out refinance as soon as possible. Is there a seasoning period that would prevent me from refinancing into a 30yr conventional mortgage?

[Jason D.]

@Mark Ruiz could be.... it depends on the bank you use.