Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 6 years ago,
BRRRR - Refinance Timeline
I am in the process of doing my first refinance on a rental property that I originally purchased a year ago. The same lender that did my original loan is doing the refinance. I'm a little over 2 weeks into the process and asked the lender how much longer it would take to get everything finalized. I was told a useful life review was the last thing remaining. What is the typical time frame for a refinance and what is a useful life review? Any insight would be much appreciated.