General Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 1 year ago,
Is it possible to Refinance while a property is listed for sale?
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?