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Updated over 6 years ago,

User Stats

56
Posts
55
Votes
Andrea Cole
  • Real Estate Investor
  • Summerfield, NC
55
Votes |
56
Posts

BRRRR and 6-month leases--how are they viewed by banks?

Andrea Cole
  • Real Estate Investor
  • Summerfield, NC
Posted

How does a 6-month vs. a year long lease agreement factor in when refinancing? We're considering adding a tenant at our own home and refi'ing our duplex very soon. Just wondering how doing a 6-month with affect how lend-able we are. Does the lease term matter?

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