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Updated about 3 years ago on . Most recent reply

Less Cash if Refinance BRRRR Before 6 months with HML or CU?
Will you get less cash if you refinance a BRRRR before 6 months with hard money or a credit union?
On BP podcast episode 567, David Greene said that you can do a cash out refinance on a BRRRR before 6 months by using hard money or a credit union instead of doing a cash out refinance with a non-credit union bank. But, will this give you less cash compared to doing a cash out refinance after 6 months?
Most Popular Reply

I've found some of my local small banks here in Ohio don't even have a seasoning period and let me refi once the project is complete. I've not had this luck with the large banks