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Updated almost 10 years ago on . Most recent reply

User Stats

37
Posts
3
Votes
Gary Fischer
  • Real Estate Investor
  • Parker, TX
3
Votes |
37
Posts

What's the 6 months deal on refi?

Gary Fischer
  • Real Estate Investor
  • Parker, TX
Posted

What's the deal to refinance within 6 months referring to? Is that if you want to do cash out on investment property and you fall in that 5-10 mortgage range? Currently have 6 mortgages and it looks to me like a line of credit would be best starting to get into fix n flips. Enables you to close fast just like cash. But, what are the options financing that property immediately?

Most Popular Reply

User Stats

52
Posts
3
Votes
Clinton Riskus
  • Real Estate Consultant
  • Lake Elsinore, CA
3
Votes |
52
Posts
Clinton Riskus
  • Real Estate Consultant
  • Lake Elsinore, CA
Replied

I just refi'd a property after 3 months. Tt can be done I believe it just depends on the lender and their guidelines. I used patelco credit union.

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