Delayed Financing and Seasoning Periods.

[Jonathan Studdard]

I read an article here on BP saying that "delayed financing" is a key to making BRRRR deals work because they somehow allow you to bypass the typical 6-month seasoning period you must wait before doing the refi. The article, however, was rather vague on the subject and this is the first time I've heard of it.

1. What is delayed financing? 

2. How does it allow me to bypass a seasoning period and refi sooner than later?

3. What are the deal requirements for this to be possible?