Looking for private money lenders/refinance seasoning period

[Inga Davis]

Hello,

I just purchased my first property using my heloc, it's renovated and rented out (BRRRR strategy). I bought it 3 months ago and am running into a problem when it comes to refinancing it due to the seasoning period. Most lenders seem to have a 6 month seasoning period, so I can't do a cash out refinance right now at 3 months after purchase. Are there private money lenders who do cash out refinancing deals as an alternative? Or what is the best way to get around this seosoning requirement so that i can buy my next property with my heloc? Thank you!

[Jay Hurst]

Quote from @Inga Davis:

Hello,

I just purchased my first property using my heloc, it's renovated and rented out (BRRRR strategy). I bought it 3 months ago and am running into a problem when it comes to refinancing it due to the seasoning period. Most lenders seem to have a 6 month seasoning period, so I can't do a cash out refinance right now at 3 months after purchase. Are there private money lenders who do cash out refinancing deals as an alternative? Or what is the best way to get around this seosoning requirement so that i can buy my next property with my heloc? Thank you!

 Yes, we have a no seasoning period product.