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Updated 12 months ago,
Cash Out Refi seasoning period
Hi all, I purchased a property in October - interest only for 12 months, renovation escrow. The renovations are almost complete, it is my primary residence, also will be renting rooms. I'd like to cash out refi as soon as possible and it sounds like if I do another renovation loan I can get around the 6 month seasoning requirement. I'm converting the garage anyway, so a reno loan would probably work fine. Any advice on this, or other ideas I might not know about? Thanks!