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Updated almost 2 years ago on . Most recent reply

Julian Chavez's profile image
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Julian Chavez
  • Member since Sep 7, 2020
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Julian Chavez's profile image
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Julian Chavez
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Julian Chavez
8
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4
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Private Lending & Conventional Mortgage Advice

Cash out refinance seasoning

Julian Chavez
Posted

Hello. I just purchased 3 properties from a wholesaler and looking to do a cash out refinance. Does anyone know of any lenders that will go off LTV after just 3 months from purchase? Rather than the full 6 months.

Miami, Florida
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Alex Bekeza's profile image
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Alex Bekeza
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  • from Los Angeles, CA
  • Member since Mar 7, 2018
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Alex Bekeza's profile image
Alex Bekeza's profile image
Alex Bekeza
  • Lender
  • from Los Angeles, CA
  • Member since Mar 7, 2018
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Alex Bekeza
  • Lender
  • Los Angeles, CA
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Alex Bekeza
  • Lender
  • Los Angeles, CA
Replied

@Julian Chavez and @Eliott Elias we can do cash out using new appraised value (regardless of purchase cost) as early as 3 months of ownership. Completely DSCR based. What state are these in?

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