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Updated over 1 year ago,

User Stats

863
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554
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Jake S.
  • Rental Property Investor
  • Minnesota
554
Votes |
863
Posts

Is it possible to Refinance while a property is listed for sale?

Jake S.
  • Rental Property Investor
  • Minnesota
Posted

Hey all!

I have a STR that I recently did the BRRRR method on. I started renting it out back in June, and the time to refi (6 months) is coming up. I recently listed this for sale, but am also interested in the mean time in Refinancing out of the hard money (which doesnt come due until April), simply to lessen my monthly overhead until it sells.

Given the current market, who knows when thatll be but given summer time is over, it may pick up.

Excluding the prepay penalties, etc. is it possible to refinance this while its also listed for sale?

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