Refinance seasoning period

[Betty Cruz]

I am going to buy my first rental property in San Antonio with my HELOC because it needs to close fast. I plan to do some improvement and the value should increase right away. I spoke to my lender who said it would take 2 years "seasoning" time before I could refinance and get my money out. Any advice? Is this typical or should I look for a different bank? Any suggestions of banks?