Cash out refi Seasoning

[Jason Halliburton]

With Freddie and now Fannie updating seasoning requirements to 12 months, are there any other options apart from a non-qm/dscr loan? Im a newbie and have been building the start of my business to purchase my first BRRR property for the past couple of months. Started looking at properties this week and ready to get a deal done. But with the season requirement news.

I feel like I've done so much leading up to this point and finally ready to take the next step but now stuck at this roadblock. I'd be going the route of a HML for purchase and rehab, which holding cost for that 12 month period just wouldn't make sense. Is anyone else running into this issue?