Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 10 years ago on . Most recent reply

Account Closed
  • Grandville, MI
17
Votes |
79
Posts

Purchased with Cash. When can I refinance?

Account Closed
  • Grandville, MI
Posted

1) How long do you have to wait before you can refinance a property after buying with cash/HELOC?

2) Do you get the same interest rates or worse than if you had just financed at the start? 

3) Is there a term for when you re-finance a purchased home? i.e. is this a cash out refinance?

Plan

- Buy home with HELOC (aka cash) for better deal hopefully.

- Refinance property 80% LTV into a 30-year fixed and pay off majority of HELOC.

Loading replies...